Life insurance-awareness-month-facts

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This presentation includes facts and figures assembled by Gen Re for the U.S. Life insurance industry. The information has been assembled in honor of the Life Foundation's Life Insurance Awareness Month campaign (September 2014).

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<ul><li> 1. Life Insurance: Stats and Facts September 2014 </li> <li> 2. Need for Life Insurance States with the Highest and Lowest Age-Adjusted Death Rates, 2011 Presentation for Life Insurance Awareness Month | September 2014 Proprietary and Confidential | General Re Life Corporation 2 665.4 660.6 659.2 641.3 584.9 New York Connecticut Minnesota California Hawaii 956.1 953.2 933.6 910.9 910.3 Mississippi West Virginia Alabama Oklahoma Kentucky Highest Lowest Source: Centers for Disease Control and Prevention, National Center for Health Statistics, Deaths: Final Data for 2011, released June 2014 U.S. Death Rate=741.3 per 100,000 U.S. population </li> <li> 3. Need for Life Insurance Percentage of Adults 18 and Over with Selected Circulatory Diseases, 2012 Presentation for Life Insurance Awareness Month | September 2014 Proprietary and Confidential | General Re Life Corporation 3 Coronary Heart Disease1 Hypertension2 Stroke Male 7.7% 25.6% 2.6% Female 5.4% 25.4% 2.8% 1844 0.9% 8.3% 0.6% 4564 7.1% 33.6% 2.8% 6574 16.2% 52.2% 6.3% 75 and older 25.7% 58.9% 10.7% Source: Centers for Disease Control and Prevention, Vital and Health Statistics, February 2014; Data calculated by Gen Re 1Includes coronary heart disease, angina pectoris, or heart attack 2Persons had to have been told on two or more different visits that they had hypertension or high blood pressure to be classified as hypertensive GenderAgeGroup </li> <li> 4. Need for Life Insurance Life Expectancy by Age and Gender, 2011 Presentation for Life Insurance Awareness Month | September 2014 Proprietary and Confidential | General Re Life Corporation 4 At Age Male Female 5 71.9 76.6 10 66.9 71.6 15 62.0 66.7 20 57.2 61.7 25 52.5 56.9 30 47.9 52.0 35 43.2 47.2 40 38.6 42.4 45 34.0 37.8 50 29.7 33.2 At Age Male Female 55 25.5 28.8 60 21.6 24.5 65 17.8 20.3 70 14.3 16.5 75 11.1 12.9 80 8.2 9.6 85 5.9 6.9 90 4.1 4.8 95 2.9 3.3 100 2.1 2.3 Source: Centers for Disease Control and Prevention, National Center for Health Statistics, Deaths: Final Data for 2011, released June 2014 </li> <li> 5. Need for Life Insurance Prevalence of Diagnosed Diabetes by Age Presentation for Life Insurance Awareness Month | September 2014 Proprietary and Confidential | General Re Life Corporation 5 Source: Centers for Disease Control and Prevention, National Health Interview Survey, 2013 2% 12% 22% 20% 0% 5% 10% 15% 20% 25% 1981 1986 1991 1996 2001 2006 2011 044 4564 6574 75+ </li> <li> 6. Ten Leading Causes of Death, 2011 Total Number of Deaths for All Causes = 2,515,458 Presentation for Life Insurance Awareness Month | September 2014 Proprietary and Confidential | General Re Life Corporation 6 39,518 45,591 53,826 73,831 84,974 126,438 128,932 142,943 576,691 596,577 Suicide Nephritis Influenza and Pneumonia Diabetes Mellitus Alzheimers Disease Unintentional Injury Cerebrovascular Disease Chronic Lower Respiratory Disease Malignant Neoplasm (Cancer) Heart Disease Total number of deaths for top ten = 1,869,321 (74% of all causes) Source: Centers for Disease Control and Prevention, National Center for Health Statistics, Deaths: Final Data for 2011, released June 2014 </li> <li> 7. 201.2 197.2 44.0 34.1 51.7 16.8 182.0 173.4 47.6 48.4 29.8 37.5 Heart Disease Malignant Neoplasm (Cancer) Chronic Lower Respiratory Disease Cerebrovascular Disease Unintentional Injury Alzheimers Disease Male Female Death Rates by Gender Death Rates per 100,000 U.S. Population for Selected Causes of Death for All Ages by Gender, 2011 Presentation for Life Insurance Awareness Month | September 2014 Proprietary and Confidential | General Re Life Corporation 7 185.1 Combined 191.5 27.340.645.9 41.4 Source: Centers for Disease Control and Prevention, National Center for Health Statistics, Deaths: Final Data for 2011, released June 2014 </li> <li> 8. Number of Fatal Work Injuries by State, 2013* Presentation for Life Insurance Awareness Month | September 2014 Proprietary and Confidential | General Re Life Corporation 8 Source: Bureau of Labor Statistics, U.S. Department of Labor, 2014 (*Data for 2013 are preliminary) </li> <li> 9. Occupational Deaths The Four Most Frequent Work-Related Fatal Events Presentation for Life Insurance Awareness Month | September 2014 Proprietary and Confidential | General Re Life Corporation 9 991 699 503 397 0 300 600 900 1,200 1,500 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013* Highway Incidents Falls Struck by Object or Equipment Homicides Source: Bureau of Labor Statistics, U.S. Department of Labor, 2014 (*Data for 2013 are preliminary) </li> <li> 10. Establishment Characteristics Civilian Private Industry State &amp; Local Govt. Access Participation Access Participation Access Participation Goods-Producing Industries 73% 71% 73% 71% -- -- Service-Providing Industries 58% 57% 54% 52% 79% 77% Education &amp; health services 68% 67% 62% 61% 79% 77% Educational services 76% 74% 66% 66% 79% 77% Elementary &amp; secondary schools 76% 75% -- -- 78% 76% Junior colleges, colleges &amp; universities 83% 80% 86% 86% 81% 77% Health care &amp; social assistance 63% 61% 61% 60% 81% 78% Hospitals 87% 85% -- -- 90% 87% Public administration 83% 81% -- -- 83% 81% All workers 60% 59% 57% 55% 79% 78% Market Potential for Life Insurance Employee Access to and Participation in Life Insurance Benefits by Industry Presentation for Life Insurance Awareness Month | September 2014 Proprietary and Confidential | General Re Life Corporation 10 Source: U.S. Bureau of Labor Statistics, National Compensation Survey, Employee Benefits in the United StatesMarch 2014 </li> <li> 11. 40% 77% 35% 55% 70% 86% 39% 75% 34% 52% 68% 85% 199 100 or more 149 5099 100499 500 or more Number of Employees Access Participation Market Potential for Life Insurance Presentation for Life Insurance Awareness Month | September 2014 Proprietary and Confidential | General Re Life Corporation 11 Employee Access to and Participation in Life Insurance Benefits by Number of Employees (Private Industry) Source: U.S. Bureau of Labor Statistics, National Compensation Survey, Employee Benefits in the United StatesMarch 2014 </li> <li> 12. 56% 60% 61% 50% 55% 57% 59% 49% Northeast South Midwest West Access Participation Market Potential for Life Insurance Presentation for Life Insurance Awareness Month | September 2014 Proprietary and Confidential | General Re Life Corporation 12 Employee Access to and Participation in Life Insurance Benefits by Geographic Area (Private Industry) Source: U.S. Bureau of Labor Statistics, National Compensation Survey, Employee Benefits in the United StatesMarch 2014 </li> <li> 13. 72% 13% 86% 54% 71% 11% 84% 53% Full-time Part-time Union Non-union Access Participation Market Potential for Life Insurance Presentation for Life Insurance Awareness Month | September 2014 Proprietary and Confidential | General Re Life Corporation 13 Employee Access to and Participation in Life Insurance Benefits (Private Industry) Source: U.S. Bureau of Labor Statistics, National Compensation Survey, Employee Benefits in the United StatesMarch 2014 Employment Status Bargaining Status </li> <li> 14. Proprietary Notice The material contained in this presentation has been prepared solely for informational purposes by Gen Re. The material is based on sources believed to be reliable and/or from proprietary data developed by Gen Re, but we do not represent as to its accuracy or its completeness. The content of this presentation is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances. Presentation for Life Insurance Awareness Month | September 2014 Proprietary and Confidential | General Re Life Corporation 14 </li> <li> 15. Visit genre.com for more information: Research: Gen Re Research Blog: Gen Re Blog </li> </ul>