MetLife Finds Gender Gap In Life Coverage

Working women are less likely than men to have adequate life insurance coverage, MetLife Inc. finds.

Female employees who have life insurance own only 2 times their household income in coverage, compared to 3 times income for male employees with life insurance, the company’s annual Study of Employee Benefits Trends revealed.

Yet MetLife, New York, also found 64% of working women (vs. 52% of working men) describe themselves are very concerned about their families’ financial futures in the event of their own premature death.