The infographic titled ‘Pick Your Insurance’ has been created by Moneytips with the big idea of highlighting the existence of different insurance products and how their suitability varies differently based on the age, life stage and financial objectives of different people. Due to lack of proper knowledge a vast majority of Americans end up buying either policy unsuitable to their needs or are under insured.
The infographic adumbrates:
- Statistics about insurance in the US
- Most Suitable insurance products based on financial objectives
- Choosing the best insurance depending on the life stage of buyer
- The amount of coverage needed at different ages