Married Americans generally agree that life insurance is important, but a large majority shy away from talking about the topic with their spouses.
State Farm Life, Bloomington, Ill., discusses couples’ reluctance to discuss life insurance in a report on a recent survey of 1,001 U.S. adults ages 18 and older.
About 62% of the survey respondents said life insurance is now more important to them than it was 2 years ago, before the economic downturn began.
Despite that, 74% said they rarely or never discuss life insurance, mainly because of economic pressure, and partly because of a reluctance to bring up the topic of an untimely death with one’s spouse or partner.
Primary earners find the topic especially difficult to bring up, and some said talking about the topic could cause partners to react negatively. Nearly half of the respondents said bringing up the need for life insurance when a partner loses a job could worsen feelings throughout the family.
Women may be more reticent to discuss being the sole breadwinner, with 64% saying they would be too stressed to initiate a conversation about the topic with their