Women receive more life insurance benefits than men, survey says

A gender gap exists in the amount of life insurance benefits received by men and women after the death of a spouse, according to a survey by MetLife.

man-and-wifeIn general, wives who received life insurance benefits after the death of a spouse obtained an amount equal to about two years of household income, the MetLife Study of the Financial Impact of Premature Death found. Husbands in the same situation received less – only one year’s worth of household income, the survey found...

IFA Web News: Women receive more life insurance benefits than men, survey says
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