In volatile times, like the ones we have seen recently, investors tend to look for stability. Yet only 49% of those with a financial advisor and a financial plan have discussed life insurance with their advisor, according to a survey released on Monday by Saybrus Partners, an interesting finding given that life insurance is not subject to market or interest rate volatility for the death benefit withdrawal and so is considered a safer place to park assets.
Meanwhile, among those who have discussed life insurance with their advisors, 15% said the conversation took place over a decade ago, while 40% have discussed it within the past year. In addition, 83% of respondents said they would be interested in life insurance policies that had additional features not present in their current policy.
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