Attitude Toward Life Risks. Aware of life accidents but don’t think about them. Aware of life . accidents, but do . Highly aware of . not think about it. Hate taking risks. life accidents, . 27% . 27%. and hate taking . 25% . risks. 25%. 25% . No point in thinking about risks. 5% .
Attitude Toward Life Risks
Aware of life accidents but don’t think about them
Aware of life
accidents, but do
Highly aware of
not think about it
Hate taking risks
and hate taking
No point in thinking about risks
No point in
None of these
None of these
Believe in taking risks
Do not like to think about risks
Do not like to
Believe in taking
think about risks
AXA Equitable Protection Report
Key Findings of AXA’s Global Life Insurance
Needs and Realities SurveyDecember 2007
About the study
More than 4,000 people in 11 countries participated in the AXA Protection Report, the company’s first survey of global life risk needs and realities. Working and non-working people aged 25-65 were surveyed about their attitudes and behaviors toward life risks (illness, death, accidents, financial hardship, etc), protection perceptions and rates of insurance coverage. The study distinguishes responses according to four life stage categories: single, pre-nesters, nesters and post-nesters. Surprising results came from the U.S. survey, in which more than 360 people participated. For more information and a complete copy of the survey results, go to www.axa-equitable.com.
Who is Concerned About Life Risks
A. 25 percent of Americans say they hate taking risks.
B. Women are uniformly more concerned about life risks.
Very well insured
at all insured
C. The underinsured worry more
What They’re Concerned About
A. The life risks that insurance covers – death, financial hardship and reduction in standard of living – are on the minds of Americans.
Overall Feeling of Coverage Against Life Risks
B. Health matters most.
What Americans Care About
Who They’re Concerned About
A. Compared to people in other countries, Americans are more likely to be concerned about their partners and children.
What They’re Doing About Their Concerns
A. Americans lead the world in talking about their concerns but many only do so only in passing.
How People Talk About Life Risks
With Their Partner or Spouse
Only in Passing
B. Americans believe in life insurance but not always in buying it. Nearly half either don’t or can’t say why they have not purchased life insurance.
Protection Insurance Ownership
Health, medical, hospitalization insurance
Short-term disability insurance
Long-term disability insurance
Long-term care insurance
A significant number of Americans rely exclusively on their employers for protection. However, for many a gap exists.
Determining the Amount of the Gap in Death Coverage
Explanation of Insurance Gap