Haven Life Finds Big Male-Female Life Coverage Gap

September 25, 2019 by Allison Bell

U.S. men may be buying more life insurance coverage per dollar of income than comparable women do.

Haven Life, a term life sales arm of Massachusetts Mutual Life Insurance Company, has published data raising that possibility in a summary of results from an online survey of 385 consumers ages 18 to 55.

All of the survey participants had children under the age of 18, meaning that they had an obvious reason to own life insurance. Most of the participants agreed that stay-at-home parents need life insurance.

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Originally Posted at The National Law Review on September 23, 2019 by Allison Bell.