Nearly 40 percent of Americans say they wish their spouse or partner had more life insurance coverage. Half of married millennials wish their spouse had more life insurance1.
The top three reasons Americans give for owning life insurance is1:
Buying life insurance in the workplace has three distinct advantages: convenience, price (group term life is generally less expensive than a comparable individual term life insurance), and acceptance (certain benefit amounts may be offered without medical underwriting)2. The same is also true for group term life from Madison National.