The peace of mind that a life insurance policy offers makes life better all the way around for the policyholder, especially those desirous of living a "good life."

That's what a just-released study conducted by the research firm Greenwald & Associates found. The company, working on behalf of client New York Life, interviewed 2,069 individuals, some with life insurance coverages, some going bare.

The results: Those with coverage were generally considerably happier with their lives, felt their lives had improved compared to five years ago, saw being better prepared financially to weather life's uncertainties as a good thing, and just plain felt better about themselves.

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Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.