Life insurance buyers don’t want a crystal ball
Reprints
Is ignorance truly bliss? This seems to be the case for most life insurance buyers.
A recent study has found that people don’t want to know about their future. More specifically, between 86% and 90% of people don’t want to know about upcoming negative events.
The Berlin-based Max Planck Institute for Human Development recently polled 2,000 people on what they would want to know about the future. The study found that people who fall into the category of not wanting to know about upcoming negative events are more likely to have life insurance and prefer to take a small loss on premiums now instead of regretting a bigger one later.
