Reblogged from The LIFE Foundation.
"Expensive jewelry, flowers or a nice dinner out are typical ways that Americans express their love, but according to a new survey released today by the nonprofit LIFE Foundation more than half (55 percent) of Americans would feel loved this Valentine’s Day if their significant other purchased a life insurance policy naming them as the beneficiary. Three in four Americans would give up Valentine’s Day in exchange for greater financial peace of mind. Even more Americans (83 percent) believe that purchasing life insurance is a way to express their love for their family and this is especially true of women compared to men (88 percent vs. 77 percent).
"Despite these findings, there is a crisis of underinsurance in America. Ownership of life insurance is at a 50-year low, according to LIMRA. Only 44 percent of U.S. households have individual life insurance and 30 percent of households have no life insurance coverage at all. Yet, half of all U.S. households feel they need more life insurance – the highest percentage ever."
To read the rest, go to www.lifehappens.org