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Stock impact report

NerdWallet: The salesman may be right: You don’t have enough life insurance [MarketWatch]

MetLife, Inc. (MET) 
Last metlife, inc. earnings: 2/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.metlife.com
Company Research Source: MarketWatch
The salesman may be right: You don’t have enough life insurance This article is reprinted by permission from NerdWallet . Free life insurance at work is a sweet deal. The employer pays for the coverage, and all you have to do is sign up during open enrollment for employee benefits. But a pitfall awaits: While accepting the perk is a no-brainer, relying on it as your only coverage is risky if anyone depends on you financially. “In many cases that coverage may not be enough,” says Todd Katz, executive vice president at MetLife. For the first time ever, more Americans are covered by employment-based life insurance than by individual policies they buy outside of work, according to LIMRA, a life insurance research and consulting group. The troubling part? Most people rarely revisit the issue after signing up for employer-sponsored life insurance , and 44% never change their coverage, according to LIMRA research. Rachel Podnos, a certified financial planner with Wealth Care LLC in Washingto Show less Read more
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