Many people would agree that some level of life insurance coverage is better than no life insurance coverage. However, in order to really meet the needs of employees, the focus should be on the adequacy of coverage.

MetLife's 9^th Annual Employee Benefits Trends Study finds that 71 percent of full-time U.S. workers say they have some amount of life insurance coverage.  But of those with coverage who  know the amount, 47 percent indicate they have two times or less their annual household income in coverage.  Even 40 percent of those who are working parents with minor children indicate their coverage levels are that low. This is despite the fact that many employees report being worried about unexpected financial emergencies.

According to the study, more than half (51%) of employees are very concerned about the financial impact that their premature death would have on their families.