Over 37% of Americans with children under age 18 do not have any life insurance, according to a new Bankrate.com study. And about one-third of the parents who do have life insurance have no more than $100,000 of protection.
"These numbers mean that over 20 million households with dependent children either don't have any life insurance or don't have nearly enough," said Doug Whiteman, Bankrate.com's insurance analyst.
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