Sat 26 May 2012
Most Financial Planners Don’t Include Life Insurance In Planning
Posted by Robin Bal under Financial Planning , Personal Finance , PlanningAdd Comment
Financial advisors are so uncomfortable speaking about life insurance that more than half, 56 percent, simply don’t do it, according to a recent survey by Saybrus Partners Inc.
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Further, almost one-fifth (18%) said they were “uncomfortable” or “very uncomfortable” recommending life insurance policies to their clients. Just a third (34%) of the financial advisors surveyed said they were “very comfortable” recommending life insurance to their clients.
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