Life Insurance

Why don’t people buy Life Insurance?

Many Consumers are uncomfortable and don’t know who to ask about life insurance this keeps them from acquiring a very necessary coverage.  At Segreve and Hall we have heard the following:

-I could not decide what type or how much to buy

-I was afraid to make the wrong decision

-I did not know enough about life insurance and did not know who to ask

-It is intimidating and I don’t want to make a mistake.


At Segreve and Hall we have been working with consumers for over 25 years that worry about leaving their dependents with unpaid debt, unfunded college expenses, a large mortgage etc…Call us and we can discuss your particular needs and concerns; whether you are more comfortable meeting in person or would rather talk on the phone we can find a solution for your particular needs.


Who’s at risk?

-Three in ten American households are uninsured and half say they need more life insurance.

-More than half of Gen X and Y households representing 30 million people do not have insurance


Interesting Industry Statistics

-The top two reasons people don’t buy life insurance are: competing financial priorities or because they think they cannot afford it.

-Interestingly, a recent LIMRA/LIFE study found that consumers overestimate the cost of insurance by as much as three-fold.

-Another factor, six in ten consumers don’t recall being approached to buy life insurance in the last two years.

-Thirty-five percent of shoppers who met with an insurance agent did not buy because; their agent failed to follow up with them.


Segreve & Hall has a full service benefits department that has been helping individuals and businesses protect their families for years. Many financial experts consider life insurance to be the cornerstone of sound financial planning. Life insurance provides the tax free funds for your beneficiaries to satisfy ongoing life expenses. Please contact us if you would like additional information.


Call Us Today to Discuss you Options!