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Women are Less Likely to Carry Life Insurance than Men

A recent study showed 56 percent of women have life insurance coverage and 62 percent of men do. Family Profile

The fact that fewer women have any coverage at all and often times are well underinsured leaves many families at risk if they die prematurely.

 

Regardless of where you are in the life cycle, it’s important to make sure you’re adequately insured to protect your family’s financial future.

 

Consider the ways that different types of life insurance policies can help your family financially:

- Provide cash to pay the mortgage and other ongoing household expenses

- Fund children’s education and other long-term goals

-Pay estate taxes, medical bills, funeral costs and other expenses

- Help save more for retirement

 

Half of all women say they they need more life insurance coverage. The number 1 reasons given for not purchasing the coverage is the concern about affordability.

These concerns can be dispelled by speaking with a Life Insurance Specialist, who will take the time to listen, answer questions and explain how life insurance can fit into your overall financial plans.

We have many coverage options that can be tailored to best fit your needs and those of your family. We’d be happy to discuss your needs or review your existing coverage.

Visit www.cloverleafins.com or give us a call today at 800-530-5822.

We’re here to help.

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