I have inadequate life insurance, because I threw too much money back into my business. Then I got separated a year ago, so I didn’t feel the need to maintain that level – I was paying a couple hundred bucks each month. So, the money I saved after reducing my coverage got thrown into business software. As a single person, I didn’t have the desire to have that extra coverage. So, I guess in 30 years I’ll get some flower bonds or something.”

- Steve D., 56
Logan, Utah

I have life insurance that’s offered from my employer – the state – and have extra added funds to it for the sake of my children. The state’s plan is already pretty good, so right now I feel like my coverage is more than adequate.”

- Lynn W., 50
Denver

My father died when I was very young, leaving my mother unemployed with four kids under six. He didn’t have life insurance, so that was one thing I promised would never happen to my children. If anything, I’d say I might have too much.”

- Rose Z., 61
Rochester, N.Y.

There was a long time when I thought I didn’t need life insurance, since I was single and didn’t have any dependents. I didn’t get married until much later in life, so my wife and I started discussing it then, especially since she has two children from a previous marriage. When the kids were still minors, we each took out policies. They’ve grown up now, but I still think my coverage is just right. If anything happens to me, my wife should be financially set.”

- Ron L., 60
Pierre, S.D.