For the longest time, I didn’t believe in coverage. I thought it was a waste of my hard-earned money. I worked mainly on commission and when I had a big sale, I tended to put it in the stock market and let it ride. A few market crashes and I began to realize I needed a safe haven, particularly once I got married, which was later in life. About 20 years ago, my wife and I sat down, even before we had our first child, and we worked out a coverage plan. My family is set if anything should happen to me.
Stan, 61, Taos, N. M.
I don’t think I have enough. Probably my coverage with life insurance is inadequate for me. When I was in my 30s and 40s, I had pretty good coverage. My kids were young then and we maxed out. But that coverage lapsed, gosh, probably 20 years ago. Right now I have one small certificate, but I don’t even think it’s enough to pay for my funeral.
Walter, 66 Denver
I do have coverage. It’s pretty good coverage. It’s what we have been offered through our company. And although we’re not the government, we are one of those last companies that believes in government-type benefits for the employees. I wanted to make sure I had extra funds, just in case, for my family to have to fall back on.
Jerry, 62 Seattle
We had some tragedy in our family. When I was a child, my Dad died and left us without any coverage or anything to fall back on. My mother pulled us all together, but it was not easy. Getting coverage was one thing she lectured us on from the time my Dad died. When I moved out of the house and got my first job, my mother made sure I had more than enough coverage.
Ross, 63 Long Island, N.Y.