12 % Very strong impact |
16 % Strong impact |
21 % Moderate impact |
17 % Small impact |
34 % No impact |
Life insurance
Health insurance
Disability insurance
Property-Casualty insurance
|
Oct ‘ 20 July ‘ 20 March ‘ 20
Oct ‘ 20 July ‘ 20 March ‘ 20
Oct ‘ 20 July ‘ 20 March ‘ 20
Oct ‘ 20 July ‘ 20 March ‘ 20
|
26 % 19 % 33 %
25 %
18 % 35 %
20 %
14 % 25 %
18 %
16 % 32 %
|
Insurance owners are also more likely to be concerned about the recession ’ s impact on their ability to pay for existing coverage than they were in July .
Across all product lines , insureds under the age of 50 are more likely than older insureds to express concern about paying for their coverage ( s ).
|
Base : Applicable insureds . |
Life insurance
Health insurance
Disability insurance
Property-Casualty insurance
|
Oct ‘ 20 July ‘ 20 March ‘ 20
Oct ‘ 20 July ‘ 20 March ‘ 20
Oct ‘ 20 July ‘ 20 March ‘ 20
Oct ‘ 20
8 %
July ‘ 20 6 % March ‘ 20 8 %
|
25 %
18 % 34 %
21 %
16 % 24 %
14 %
11 % 19 %
|
Though fewer than in March , there ’ s been an increase in consumer concerns about their ability to purchase new insurance in recent months .
One ’ s concern about their ability to buy life insurance increases by the degree to which COVID-19 has heightened their need for the product .
|