What do we mean by

Real Benefits for Real Life

What do we mean by

Real Benefits for Real Life

Help for Unmet Financial Needs

We all have concerns about our financial lives – and while insurance helps, it doesn’t always provide full protection from common expenses. That’s why FIMC provides plans that cover expenses related to auto, home, family, health, and lifestyle needs.

 

Top Financial Stressors

Based on FIMC proprietary research

Percentage of respondents who listed the following events when asked:

“Which of the following events would provide a significant financial challenge?”

Major Illness or Injury

  • 62% 62%

Death of a Loved One

  • 43% 43%

Loss of Job

  • 43% 43%

Unexpected Home Expenses

  • 33% 33%

Unexpected Auto Expenses

  • 29% 29%

Identity Theft

  • 23% 23%

Unexpected Veterinary Care

Unexpected
Veterinary Care

  • 14% 14%

Divorce

  • 14% 14%

Moving

  • 13% 13%

College Tuition

  • 9% 9%

Unexpected Travel

Unexpected
Travel

  • 8% 8%

Marriage

  • 6% 6%

Why Purchase an FIMC Plan

Million

An estimated 55MM Americans report having said they have nothing saved in an emergency fund1

%

According to a CFSI Financial Health survey, 44% of respondents have expenses that exceed their income2

%

Almost 40% of Americans do not have the cash to cover a $400 unexpected expense3

%

Only 29% of American households say they live comfortably4

%

Over 40% of adult Americans rely on an auto loan to pay for a car5

%

Over 70% of Millennials cannot demonstrate basic financial literacy6

%

 60% of families have had at least one financial shock in the last 12 months7

More Reasons Why

The average American will spend almost

PER YEAR ON CAR REPAIRS8

The average car accident in the U.S. costs more than

PER PERSON9

ABOUT

Properties in the U.S. covered by insurance has a claim each year10

OVER

%

of out-of-pocket medical costs are more than $50011

External Sources