Life Insurance May Be Going to the Dogs: Survey
March 11, 2020 by Allison Bell
Many U.S. consumers would like to use life insurance proceeds to protect their pets.
AIG Life & Retirement, an arm of American International Group Inc., has reported that finding in a summary of the results from a recent online survey of 2,201 U.S. adults.
The survey team asked the participants many questions about what they know about life insurance, and what they think about life insurance.
The team found, for example, that only 25% of the survey participants knew that the holders of whole life policies can take out policy loans.