Genworth Financial Survey Identifies Needs Gap in Life Insurance Coverage
July 9, 2012 by Arthur D. Postal
June 25, 2012 •
A new study indicates that there is a significant gap between the amount of life insurance most Americans own and what they actually need.
The report, published by Genworth Financial, Richmond, Va., finds that college-educated insured adults have 2.5 times the amount of life insurance coverage of adults who do not graduate high school or who only have a high school diploma.
For adults with a high school diploma or less, 60% don’t have any life insurance, while only 44% of college educated adults have gone without, the study found. Click here to read more…