Around 56% of life insurance owners are optimists compared to only 48% of non-owners, according to a report by American International Group (AIG).
The study, which polled more than 8,100 adults in the US, found 53% of consumers aged between 21 and 64 years owning life insurance.
Participants in group retirement plans, including 401(k) and pension plans, were found most likely to own life insurance.
AIG life insurance survey
Also, 69% of participants in group retirement plans were found owning life insurance, versus 44% of non-participants.
Among consumers not participating in a group retirement plan, those owning an individual retirement plan were found most likely to own life insurance.
In case of consumers with individual retirement plans, 64% were found owning life insurance and 37% without individual retirement plans were found owning life insurance.
The study also found life insurance owners older and wealthier compared to non-owners. The median age and median annual income of life insurance owners was 43 and $88,000, respectively.
The median age of non-owners was found to be 39, with their median annual income being $70,000.
According to the study, life insurance owners are also more likely than non-owners to work full time, be homeowners, and be married.