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October 12, 2009 at 08:00 PM
- Only about a quarter of the widowed life beneficiaries feel as if the amount of life insurance proceeds they had received had fully met their needs.
- Just 25% of the life benefits recipients say they had to borrow money from friends and relatives, compared with 42% of those who had received no life benefits.
- Just 23% of survivors who had received benefits report having to move out of their homes, compared with 36% of the recipients who had received no life benefits.
Source: Findings from a recent survey of 1,000 widows and widowers of spouses who had died between the ages of 25 and 60, as published by a unit of MetLife Inc., New York, N.Y.
