According to The Life and Health Insurance Foundation for Education (LIFE), “Life Insurance Awareness Month was created in response to growing concern about the large number of Americans who lack adequate life insurance protection. According to LIMRA, 68 million adult Americans have no life insurance. Those who own life insurance have an average of four times their annual income in coverage, which is considerably less than most experts recommend. Held each September, Life Insurance Awareness Month is an industry-wide effort that is coordinated by the LIFE Foundation.”

According to U.S. Census data, there are nearly 300 million people in the U.S. If 68 million of them lack any form of life insurance, that means that approximately 23% of people in this country are uninsured. And ...