The real reason Black Americans have less life insurance coverage
February 17, 2021 by Georgia Rose
The relationship between life insurance and the African American community is complex. Although Black Americans are more likely to own life insurance than whites, a recent study shows, their coverage is often far less.
The sizable coverage gap between Black and white Americans has many causes, experts say, including the way life insurance was sold in the Black community and how discriminatory practices have impeded access to coverage.