What is the Value of a Human Life?

In a New York Life survey, 20% of Gen Xers reported zero life insurance coverage. That’s up from just 5% with no coverage in a similar 2008 survey. Also Americans ages 37 to 48 reported median coverage of just $260,000 vs. a self-reported need of $708,996…a difference of $448,996. There is something very wrong with this picture. Financial advisors have an obligation to help their clients obtain a realistic amount of insurance. You might want to start by telling your clients their most valuable asset is their ability to earn an income.

The Virtual Assistant Software has a tool that can help with the discussion. Check it out and give us a call!

The Virtual Assistant Human Life Value Calculator

About Jeffrey Berson

40 years in and around the industry has made Insurance a part of my DNA. I have had the pleasure of working with and for some of the greatest minds in our industry. My "Bersonal" View is an attempt to capture some of the best ideas, the best concepts and the best practices in a way that can lead to success for others. It will certainly be my point of view, so please...don't take it "Bersonal".
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