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Inadequate Life Insurance Leaves Spouses Unprotected

September 2006 (Medialink) – Lives change. Growing families often trade up to a bigger house. Someone with a pay raise might think of getting a better car. But, how many with changing circumstances think about the need to trade up to a better life insurance policy? Turns out… not many. That means a more difficult life for surviving family members. In fact, the Insurance Information Institute says that nearly half of surviving spouses would experience a 20 to 40% decline in their standard …

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