Term Life Insurance for Women: A Growing Trend

By Jmalloy Posted : 04/19/2010

CLEVELAND - April 19, 2010 - While women comprise nearly 47 percent of the U.S. labor force, according to the U.S. Department of Labor, less than one-third of U. S. women have life insurance, and two-thirds of women from double-income homes feel their life insurance coverage is inadequate.

It's time for that trend to change, and insurance.com is getting the word out by giving everyone a chance to shop and compare real rates on term life insurance.

"It doesn't matter who you are, or your gender. If you have a home, kids or a spouse who depends on you financially, you should have term life insurance," says Rob Klapper, insurance.com CEO. " And insurance.com is proud to now offer our customers a chance to shop and save for term life insurance.

"The best part - it's a simple, easy and often very inexpensive way to secure your family's future. And for parents, that equals peace of mind."

Do You Need Term Life Insurance?

  • YES: If your family relies on your income - in full or in part. Should the unexpected happen, ensure that your family's lifestyle isn't strained or compromised by the loss of that income.
  • YES: If you are a stay-at-home parent. It may sound counterintuitive, but you contribute financially to the family. Childcare for a single, working parent could bust the budget for a surviving spouse.
  • YES: If you own a home. No spouse, no kids? You may still want to think about term life. Should something happen, the policy would help pay your mortgage and other debts, leaving your family free to concentrate on more important things.

About Insurance.com
Insurance.com, the premier destination to shop for and buy insurance, is also the leading online independent auto insurance agency in the United States. Innovative technology allows consumers to link directly to the rating systems of more than a dozen top insurance companies that then compete for the consumer's business. Insurance.com empowers consumers to instantly compare rates, make smart decisions, and buy the policy that fits them best. Since 2000, millions of drivers have saved both time and money by shopping for and buying through insurance.com or speaking by phone with its expert, licensed agents. Insurance.com is headquartered in Solon, Ohio.

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