Despite More Awareness Women Have Less Life Insurance Than Men
When it comes to safeguarding a family's financial future, women have less life insurance coverage than men despite more awareness, according to a new survey by COUNTRY Insurance & Financial Services. The survey finds more women (76 percent) rate life insurance as very or somewhat important than men (69 percent), however only 14 percent report having coverage for three years of their current income.
Nationally, three quarters (73 percent) of Americans feel that life insurance is very or somewhat important, but nearly a third (30 percent) are not insured and just 17 percent have enough coverage to provide more than three years of their current income.
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