What We Mean by
“Real Benefits for Real Life™”
In a perfect world, having a budget would be enough. But life doesn’t really work that way. Unexpected home, auto and healthcare events can happen at any time – and insurance doesn’t always cover the costs.
Based on our research, we’ve designed our benefits for the moments when life gets real and you need someone to have your back. The insights below further demonstrate why we’re dedicated to providing plans that that help pay the expenses you didn’t plan on, so you can get on with the business of living.
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 income17
%
Almost 50% of all Americans don’t have cash to cover a $500 unplanned expense18
%
Only 29% of American households say they live comfortably19
%
Over 40% of adult Americans rely on an auto loan to pay for a car20
%
Over 70% of Millennials cannot demonstrate basic financial literacy21
%
60% of families have had at least one financial shock in the last 12 months22
%
+50% of Healthcare Providers agree telemedicine prevents emergency23
%
Approximately 75% of households say they’re unable to save for the future24
%
Prices on household necessities are up over 20%25
More Reasons Why
The average American spends
PER YEAR ON CAR REPAIRS AND MAINTENANCE26
The average car accident in the U.S. costs more than
PER PERSON27
ABOUT
Properties in the U.S. covered by insurance has a claim each year28
OVER
%
of out-of-pocket medical costs are more than $50029
External Sources
The Acscent, Bank Rate, Business Insider, The Balance, Chime, CNBC, CNBC, CNBC, CNBC, Finder.com, FIMC Proprietary Research, FTC, Forbes, Forbes, Greater Alliance, Home Guide, Insurance Information Institute, Market Watch, Modern Healthcare, My Moving Reviews, National Institutes of Health, Parting.com, Pew Research Center, Policy Genius, Rock the Street, Wall Street, Sage Growth Partners, Super Money, Super Money