Filed Under:Health Insurance, Disability

Hartford: most Gen Y workers overestimate cost of DI insurance

Photo credit: Teerapun
Photo credit: Teerapun

More than half of workers ages 18-31 significantly overestimate the average cost of disability insurance purchased at work. And only one in three completely understand life insurance, according to new research.

The Hartford Financial Services Group Inc. Hartford, Conn. (NYSE: HIG), released this finding in a survey of 1,000 full-time U.S. workers, ages 18-64. Developed by The Hartford’s Group Benefits team and fielded via an online survey by BuzzBack, the Hartford Benefits for Tomorrow Study aims to better understand the benefits behaviors and attitudes of Millennials.

Featured Video

Most Recent Videos

Prospects not listening to voice mail? Arrange a phone date

Provided by LIFEHEALTHPRO

Redesigning your phone life is more important than finding the “best words” for a voice mail in today’s culture.

Behind the scenes with Vicki Gunvalson [VIDEO]

Provided by LIFEHEALTHPRO

In this exclusive interview, Vicki Gunvalson shares how she built a $15 million a year annuity business by planning for...

Regulator: Market may need to reinvent LTCI

Provided by LIFEHEALTHPRO

Cioppa says Maine's governor wants to spur the creation of better products.

Dementia: It's more than Alzheimer's

Provided by LIFEHEALTHPRO

An association calls for policymakers to remember lesser-known neurodegenerative conditions.

Related resources

More Resources

Comments

Power your business with up-to-the-minute insurance news, analysis, and best practices from LifeHealthPro Daily eNewsletter – FREE.

Power your business with LifeHealthPro Daily eNewsletter – FREE.

Enter a valid email address.
Close
Nichole Morford

Nichole Morford
Managing Editor

Thank you for subscribing to LifeHealthPro Daily!

Check Out More eNewsletters Now! Close

Advertisement. Closing in 15 seconds.