NU Online News Service, Oct. 8, 10:20 a.m. — Many Americans lack adequate life insurance and have no idea how much coverage they really need, according to results of a survey by Roper ASW L.L.C., New York.

The researchers who conducted the survey, which was sponsored by MetLife Inc., New York, interviewed 1,013 adult U.S. residents in August. The researchers found that about one-third of the survey participants had no life insurance at all, and 30% had coverage equal to less than one-third of annual income.

Seventy-six percent of the participants with life insurance coverage equal to less than annual income thought they had enough coverage.

When researchers interviewed full-time employees with children and other dependents, they found that only 64% had any life insurance, and only 58% of the workers with life insurance had coverage equal to at least three times their household income.

The majority of the workers with coverage equal to less than 300% of annual income thought they had enough coverage.