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With rising inflation, fill the gap with life insurance, analyst says

Scroll back up to restore default view. Inflation has increased budget costs for most Americans, which should be taken into consideration when evaluating life insurance coverage. Being underinsured means that loved ones wouldn’t be able to cover expenses incurring debt or maybe loss of the family home. “Life insurance helps provide resources to cover in the event …

With rising inflation, fill the gap with life insurance, analyst says Read More »

Changing how Black Americans use life insurance could help shrink the racial wealth gap

Black Americans are more likely to carry life insurance than the average American, but their coverage does little more than provide for funeral costs. Fifty-six percent of Black Americans have life insurance, according to a study by LIMRA and Life Happens, compared with 52% of all Americans. But 46% remain underinsured, with their benefits not enough to …

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