ROSEVILLE, Calif.--(Trusted Quote, a top national brokerage of insurance products for life, long-term care, vision, and dental, will commemorate International Women’s Day on Friday, March 8th. This holiday, celebrated worldwide since 1911, raises awareness for women’s issues across the globe.)--
In the U.S., International Women’s Day often raises issues of economic insecurity. According to the Department of Labor, women account for 47% of the total U.S. workforce, but many of those women undervalue their contributions to their families, both in money and time spent as a caretaker, which can have disastrous consequences for the family should something happen to her.
Life insurance protects the financial contributions a woman makes to her family, yet few women have it. According to LIMRA, a leading financial research institution, 70% of women agree that life insurance is a necessity, yet 43% have no coverage at all. The statistics are worse for married women. LIMRA notes that 33% of wives have no life insurance, despite the fact that 70% of households are dual-income and 30% of wives earn more than their husbands.
Nancy Pinney, Chief Operations Officer for Trusted Quote, urges families to consider women’s contributions to their homes, especially in light of International Women’s Day. “It’s a tragedy when a family member dies, but especially so when their death means that the temporal needs of the family will be left unmet. Life insurance can meet those needs and provide the resources to pay for a home and caretaker for the family. Unfortunately, many families fail to consider the financial and other contributions of women,” says Pinney.
To commemorate International Women’s Day, Trusted Quote will release social media & blog posts focused on women and their achievements. The company’s goal is to educate the public on the importance of life insurance for women. By providing tools to help compare and select affordable life insurance policies, Trusted Quote hopes to increase the number of women who have protected their families against future economic uncertainty.
About Trusted Quote
A leading national broker for insurance products, Trusted Quote brings consumers term life insurance quotes as well as quotes from top providers in dental, vision, and long term care insurance. Located in Roseville, California, Trusted Quote is a national division of Pinney Insurance Center, Inc.