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Life Health > Life Insurance

MetLife Finds Big Life Insurance Gender Gap

By Marlene Y. Satter

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According to a study commissioned by MetLife and released Tuesday, August 31, working men and working women who are married with children under the age of 18 are far apart when it comes to life insurance coverage. As reported by NU Online News Service, women also rated their employers’ education efforts regarding benefits far lower than men did, which might play a role in their choices.

Even though men and women poll as equally concerned about how their families would manage financially in case of their death, women carry only about three times their annual salary in coverage, whereas men carry five times.

Read a story about MetLife’s survey of GenY’ers from the archives of InvestmentAdvisor.com.

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