Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Life Health > Life Insurance

State Farm Life: Women Wary Of Advisors

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

U.S. women trust their doctors and themselves far more than they trust financial professionals.

Researchers at State Farm Life Insurance Company, a unit of State Farm Mutual Automobile Insurance Company, Bloomington, Ill., have published figures supporting that finding in a summary of results from a survey of about 1,500 U.S. women ages 18 and over.

About 79% of the participants said they trust doctors, and 46% said they are extremely confident about their own ability to handle their household’s finances, the State Farm researchers report.

About 44% said they trust insurance agents, and 36% said they trust financial advisors and stockbrokers, the researchers say.

The researchers found that 56% of the women said they have strong relationships with their doctors; 16%, with their insurance agents; and 12%, with their financial advisors.

Just 57% of the women surveyed have life insurance, the researchers say.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.