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Home » The "IPro Corner" Blog » Most Common Reasons to Buy Life Insurance in Orlando, FL
Most Common Reasons to Buy Life Insurance in Orlando, FL

Most Common Reasons to Buy Life Insurance in Orlando, FL

Why People Buy Life Insurance?

The top reasons for buying life insurance in Orlando, Florida are not different than those in the United States.

According to a 2020 report from trade research organization LIMRA and the non-profit organization Life Happens, these are the most common reasons Americans said they bought life insurance:

  • 84% Burial/final expenses
  • 66% Wealth transfer
  • 62% Income replacement
  • 57% Supplement retirement income
  • 50% Pay off mortgage

How Much Life Insurance to Buy?

Please use this life insurance calculator to find out how much life insurance you may need.

Powered by Daniel Ahart Tax Service®

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