It's a fact that women have made incredible strides in the past several decades. Whether stay-at-home spouses or primary breadwinners, women today have more opportunities than ever in history. With those opportunities also comes a great deal of responsibility. Interestingly, while both men and women today need life insurance coverage, it's the women who often aren't selecting the best life insurance for their needs.
Why Aren't Women Getting Life Insurance?
Did you know that one hundred years ago women weren't even able to buy life insurance? We've come a long way but, now that women can buy life insurance, they aren't doing it in sufficient numbers. According to a Bureau of Labor Statistics study, women make up 57 percent of the workforce in this country yet they carry 31 percent less life insurance than men. Because today's households consist of either two breadwinners or a single parent, the need for life insurance on each person in the family is more important than ever.