The True Cost of Insurance

Policies cost less than people think and provide more value than they expectNovember 2015

Half of American families don’t have enough savings to last a year if a primary breadwinner dies, according to the results of a survey fielded by the nonprofit Life Happens and LIMRA, a worldwide research and consulting organization.1 In fact, 43% would feel the impact within 6 months, including nearly 40% of households with an annual income of $100,000 or more.

Even more troubling, just under a third of survey respondents report that their dependents would have trouble making ends meet in less than a month.

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