Global Families Miss Life Insurance Talks | #buildwealthsecurefutures #annuity #lifeinsurance #IUL

Among global families, 78% had not held an in-depth life insurance conversation, showing how often long-term coverage planning gets delayed or overlooked.
Coverage assumptions missed reality globally: 60% of adult children believed parents had life insurance, while only 44% of parents said coverage existed.
The communication gap extended beyond insurance, with similar disconnects around retirement funding, healthcare costs, and legacy planning that could leave global families less prepared.
A practical step for global families: hold a family meeting yearly or after major life events to discuss protection needs and document key decisions.
Families were urged to start early and involve a financial professional, treating life insurance as one part of saving, investing, and retirement planning.