AccessMyLibraryBrowseBBusiness WireSEP-05 MetLife Study Finds Most Employees Who Have Experienced a Recent Major Life Event Own Life Insurance, but Half Admit Coverage is Inadequate; Women and Employees with Dependents Less Likely Than Peers to Own Adequate Coverage.
MetLife Study Finds Most Employees Who Have Experienced a Recent Major Life Event Own Life Insurance, but Half Admit Coverage is Inadequate; Women and Employees with Dependents Less Likely Than Peers to Own Adequate Coverage.
Publication: Business Wire
Publication Date: 29-SEP-05
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NEW YORK -- The majority of employees (81%) who have experienced a major life event* in the last 18 months own life insurance, yet only half (51%) think the amount of coverage they have is adequate, according to a recent survey conducted by MetLife. More than one-quarter (26%) of this group report owning less than three times their annual household salary in coverage which can be seriously underinsured given their new financial situations.
"Often employees fail to take steps to evaluate their personal...
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