On the rise: impact of a premature death, lack of life insurance
November 2, 2015 by Warren S. Hersch
Much has been written about America’s life insurance coverage gap. A report released last July pegged the shortfall — an aggregate amount combining underinsured and uninsured Americans — at $20.3 trillion. That equates to 60 percent of current in-force life insurance.
Less research, however, has been done exploring how those lacking coverage are coping — or not — following the death of a breadwinner. Enter MetLife, which in a new study observes a rise in the financial impact of a premature death since 2009. Click HERE to read article