Life Insurance: The Uncomfortable Issue

Businessman with life belt, portrait

The idea of buying life insurance is unsettling to many people. It touches on the unpredictability of life, and how the “best laid plans” can go awry when tragedy strikes a family, and someone dies before their time.

Maybe this is why there are 20 million American households with dependent children who either don’t have any life insurance or don’t have nearly enough, according to Bankrate.

According to a new study by the firm, a full 37% of Americans with children under age 18 do not have any life insurance.

Other findings from the study are that:

  • Overall, 42% of Americans lack life insurance and about half of those who have it are covered for $100,000 or less.
  • Even 1 in 4 insured people with an annual household income of $75,000+ have $100,000 or less in coverage.
  • 11% of women and 5% of men say they have life insurance, but they don’t know how much.
  • About one-third of the parents who do have life insurance have no more than $100,000 of protection.

All of this data underscores the importance of having family discussions about the worst happening. Of course it’s an uncomfortable subject to talk (or even think) about, but the result of not talking about this possibility – and preparing for it – is an extra burden placed on surviving family members.

Ask yourself this question: What would happen to your family financially if something should happen to you? If you need help reaching your financial goals and making decisions you’ll be comfortable with, contact Pat Piccirilli, your Connex Insurance & Retirement Services representative. Pat offers a no-cost, no-obligation consultation that will help you get started on the insurance plan that is right for you and your family.


Improving the lives of our members... one member at a time.

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Posted in Financial Education, Improve your life
3 comments on “Life Insurance: The Uncomfortable Issue
  1. What kind of insurance do you sell, term or cash value?

  2. Hi Sherelle,

    Our insurance partner, CPM Insurance Services, provides a variety of life insurance options: term, whole, and universal. You can find more information on our website:


  3. Hi blogger, I am totally agree with your post. It’s very important about the life insurance issue, thank you for telling us.

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