Fascinating infographic on the life insurance gap in the average American’s financial plan.
What stands out is the reason for the lack of insurance: People think it costs to much.
What we really have then is an information gap because, according to the survey, life insurance is not expensive. Most people pay less than $50/month. If you take a look at our Quote Engine, $40/month is going to buy a middle-aged consumer hundreds of thousands of dollars of coverage.
Source: Bankrate.com