The Insurance Barometer is an annual study that tracks the perceptions, attitudes, and behaviors of U.S. adult consumers, with a particular emphasis on life insurance.
According to figures from the National Funeral Directors Association, average funeral costs in 2022 were anywhere from $11,420 to $13,720.
Furthermore, these costs have been steadily increasing over the years. For instance, the average cost of a funeral in 1991 was $3,742. In 1995 it rose to $4,626 and in 2000 it rose to $5,180. Just 10 years ago, in 2012, it was only $7,075.
There are some really attractive features of Unum Employer-Sponsored Basic Life plans through CoPower:
Health concerns and work pressures during the pandemic caused widespread mental health problems that will reverberate far into the future, according to a report by Unum. "The ongoing pandemic has exacerbated the mental health crisis, but it has also helped normalize the need for mental health support,” said Swapnil Prabha, vice president of Workforce Wellness Solutions for Unum Group.
Through CoPower, you can offer a wide variety of Life/AD&D and LTD Unum plans to find the perfect fit for your groups.
Employer Funded Life/AD&D
Features:
Coverage Options:
Only about 40% of Americans have enough savings to cover an unplanned expense of $1,000, according to a Bankrate survey. The majority explain that they are saving less due to inflation on groceries, apparel, utilities, rent, cars, and gasoline.
Travelers are hitting the roads, rails, and sky this summer in record numbers. So it’s no surprise that more employers are asking about travel insurance. CoPower offers Travel Assistance with Unum Life at no additional charge. Here are just some of the services included:
Mental illness is rarely discussed in the workplace. But it’s one of the top causes of worker disability in the United States, according to a report from Unum. In fact, 62 percent of employees have experienced a period of feeling mentally unwell. These statistics reveal how challenging it can be to address mental health at work:
Thirty-eight percent of U.S. adults say their ability to manage finances is average or worse. An additional 40% say they don’t have a life insurance policy or don’t know if they have one, according to an Unum survey. As a trusted advisor, you can offer your clients life insurance as a valuable employee benefit that not only helps attract and retain workers but also addresses financial stress in the workplace.
