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Notes to myself, possibly of interest to others.
-- Bill Northlich

Wednesday, September 1, 2010

The populace is dumping life insurance (for cash)

Nearly a third of U.S. households have no life-insurance coverage, the highest percentage in more than four decades, according to research firm Limra.

About 35 million U.S. households neither own their own life-insurance policies nor are covered under employer-sponsored plans, up from the 24 million, or 22% of households, without coverage in 2004...

The percentage without life insurance is a sign of the financial pressures on middle-income families as the economy struggles.
---Leslie Scism, WSJ

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