Women make up nearly half of the U.S. work force, and while their incomes are vitally important to their families, they are less likely than men to protect that income with adequate life insurance coverage.
A new MetLife guide, Protecting a Diverse Workforce – Steps to Address the Life Insurance Gap, underscores the importance of the workplace as a way to help eliminate this societal gender gap.
"As families increasingly depend on the income of a working woman, the ramifications of being underinsured are growing," says Stephen Pontecorvo, vice president, Group Life Products at MetLife. "MetLife research reveals that the workplace is the primary source for obtaining life insurance coverage for women, which uniquely positions employers to help close the underinsured gap."
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