More Americans are living alone than ever before, according to a report by the U.S. Census Bureau: The proportion of one-person households increased by 10 percentage points between 1970 and 2012, from 17 percent to 27 percent—55 percent of these headed by women. Sixty-two percent of unmarried U.S. residents 18 and older in 2012 had never been married, 24 percent were divorced, and 14 percent were widowed.
To serve this customer niche, independent agents need to act as trusted advisors, taking the time to review their assets and their current insurance coverages to ensure they're fully protected.
The Insurance Information Institute has developed a checklist of ways to make sure singles are fully protected. Click through the following pages to learn how.
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