Many people who want life insurance fail to get it because of the hassles associated with determining whether they qualify and cost uncertainty. Various companies, including MetLife, now have a solution.
A new online assessment tool by Metlife may make that easier. The company says that their calculator provides “clear guidance” for how much life insurance consumers really need. More importantly the new tool will help determine the cost.
The tips will help customers remove the purchase barriers and simplify the purchase process. This will make it easier for the breadwinner to protect his or her family.
About 59 percent of Americans ages 25-44 with household incomes under $100,000 recognize the need for life insurance. About half of those families will inquire about coverage, according to the company.
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