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Article: Women Gain As Breadwinners but the Hartford's Survey Finds They Lag Behind In Life Insurance Knowledge, Use.
- Article from:
- Insurance Business Weekly
- Article date:
- October 11, 2009
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Women have made gains in the job market, now holding half of our nation's 132 million jobs, according to recent data from the U.S. Bureau of Labor Statistics. However, a gap remains in their understanding and use of benefits that protect their income, according to research by The Hartford Financial Services Group, Inc. (NYSE: HIG).
Men have higher participation rates for income protection benefits, such as life and disability insurance, while women have higher participation in health benefits, including medical and dental coverage, according to The Hartford's national survey. Sixty-four percent of women wage earners said they "completely or mostly" understand ...