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Best life insurance for women Bankrate 3 days ago © Tony Anderson/Getty Images Young woman looking at her phone indoors
Women may have different considerations when it comes to life insurance, but both sexes have similar views about death. Haven Life s survey found that most men and women both believe their deaths would have a substantial impact on their families. Men and women also agreed that losing a partner who is the primary caregiver or primary earner would have an equally negative impact on family life.
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While men and women seem to agree about the effect of a loss on the family unit, there certainly is a gender gap in life insurance purchases. Roughly 67% of women have life insurance compared to 79% of men. Furthermore, women s goals for how much life insurance would be ideal vs. the actual amount they invested in coverage was roughly half the amount of men s.
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