AIG Research Shows Americans Without Life Insurance Not Taking Action to Reduce Financial Risks

By a News Reporter-Staff News Editor at Insurance Weekly News -- New research announced by American International Group, Inc. (NYSE:AIG) reveals that consumers who do not have life insurance feel less prepared financially for the illness or death of self or a loved one than people with life insurance; yet, they are not more likely to act to reduce risk. AIG also found that having insufficient retirement funds was among consumers' most explored - researched, discussed or thought-about - risks.

"This research confirms that many people don't feel fully prepared for the financial ramifications of death, chronic illness or a retirement income shortfall," said Rod Rishel, Chief Executive Officer, Life Insurance, AIG. "Our Life Insurance business helps consumers mitigate financial risks by offering a wide range of innovative solutions designed to help individuals and their families when they need it most. We've also developed new resources to help financial professionals connect with and educate consumers about solutions designed to meet multiple needs."

Keywords for this news article include: AIG, Insurance Companies.

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