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At Insurance Warehouse, we understand the importance of securing your family’s future. Located in Monticello, Georgia, we are dedicated to offering life insurance solutions tailored to your unique needs. Our comprehensive range of life insurance policies includes Term Life Insurance, Whole Life Insurance, Universal Life Insurance, and Final Expense Insurance.
Recent studies, such as the 2023 Insurance Barometer Study by LIMRA and Life Happens, reveal that a record 39% of consumers intend to purchase life insurance within the next year. This number rises to 44% for Gen Z adults and an impressive 50% for millennials. Especially for parents with minor children, life insurance is no longer a luxury but a necessity. A staggering 59% of such parents already own life insurance, yet 47% of them believe they are underinsured.
The life insurance industry is evolving. Traditional life insurance, while still pivotal, is not the sole focus of many companies. In 2022, annuities, which can provide a steady income stream, constituted 48% of the life/annuity direct premiums.
The life insurance industry is evolving. Traditional life insurance, while still pivotal, is not the sole focus of many companies. In 2022, annuities, which can provide a steady income stream, constituted 48% of the life/annuity direct premiums.
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