One reason could be that fewer middle and lower income Americans can afford to purchase the policies or find them difficult to get because of increasing medical standards required by policy providers. As evidence for this explanation, the value of the policies that people are purchasing is increasing and wealthier Americans are purchasing even more policies.

The life insurance industry remains healthy. However, the reason for the decline remains a mystery.

Do You Need to Speak With an Estate Planning Attorney?

If you need to speak with an experienced estate planning lawyer, please contact us online or call us directly at 800.756.5596 to first register for one of our free, informative seminars. Your attendance will qualify you for a special discount for our estate planning services should you decide to make a free appointment at the conclusion of the seminar and at the end of your meeting choose to proceed with us. Our estate planning law firm proudly serves clients throughout California from our main office in Torrance, as well as those in Redondo Beach, Manhattan Beach, Hermosa Beach, El Segundo, San Pedro, and Palos Verdes Peninsula.

Philip J. Kavesh
Philip J. Kavesh
Helping clients with customized estate planning guidance and trust & estate administration for over 44 years.
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