Do all Americans have life insurance?

Do all Americans have life insurance?

In 2020, 54% of Americans were covered by life insurance. 50% of people overestimate the cost of term life insurance. Millennials, in particular, overestimate the cost by 213%. The average premium for a male rises 258% between age 25 and age 50. Dec 30, 2021

See also  Is life insurance only for death?