10 Things Women Need To Know About Life Insurance
March 30, 2021 by Cameron Huddleston and Amy Danise
Women: It’s time for you to close the gender gap in life insurance ownership. Just 47% of women have life insurance coverage versus 58% of men, according to the 2021 Insurance Barometer Study by Life Happens and LIMRA, insurance industry groups. Yet women are just as likely to need life insurance as men.
“It’s important for women to realize the contribution they make to their households and to have financial protection in case something happens,” says Brittney Burgett, head of communications at Bestow, an online life insurance company. “If you have people in your life who rely on you for their well-being, you’re generally going to need life insurance.”