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Curtis Insurance Agency – America One, Oxford, MI
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Daily Archives: April 28, 2012

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Consumers Overestimate Cost of Life Insurance by 3 Times

Life InsuranceBy Greg ClayApril 28, 2012

I was intrigued by this research from the LIMRA on the perceived costs of life insurance. Do you think life insurance is more expensive than it might really be? Survey respondents were asked to estimate the annual cost of a 20-year, $250,000, level-term life policy for a healthy 30-year old consumer. The actual cost is…

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