"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.
- Overall, 42% of Americans lack life insurance and about half of those who have it are covered for $100,000 or less.
- Even 1 in 4 insured people with annual household income of $75,000+ have $100,000 or less in coverage.
- 11% of women and 5% of men say they have life insurance, but they don't know how much.
Read more at Marketwatch.com....
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