|PR Newswire Association LLC|
The paper, titled "Getting Over the Gap: Insights on Life Insurance Coverage in the U.S.," focuses on four major consumer groups that are facing the largest life insurance coverage gaps and stand to benefit the most from an insurance review -- unmarried parents, large families, women and those with certain common health conditions. The paper is based on key insights from
"Consumers often believe life insurance costs nearly three times its actual price, and this is a major contributor to the large coverage gap we're seeing in these four groups," said
With tight budgets and busy schedules, life insurance may appear to be an expensive luxury for those with large families.
The white paper also looks into the differences between married and unmarried parents.
Consumers with common health concerns
It is important for all adults to review their life insurance coverage annually, even for those who don't fall into one of these categories.