PR Newswire
NEW YORK, July 8, 2020
NEW YORK, July 8, 2020 /PRNewswire/ -- Losing a loved one is difficult for many, but for those who lose the primary provider for their home, it could mean not being able to pay the bills needed to provide for a family.
According to a study by ValuePenguin, survivor benefits only cover approximately half of what a young family would need to financially sustain themselves upon losing a sole provider. Furthermore, some families may not receive benefits if the earner did not pay into social security long enough. Here are the key findings of our research:
To view the full report, visit: https://www.valuepenguin.com/social-security-life-insurance-study
About ValuePenguin.com: ValuePenguin.com, part of LendingTree (NASDAQ: TREE), is a personal finance website that conducts in-depth research and provides objective analysis to help guide consumers to the best financial decisions. ValuePenguin focuses on value, assessing whether the return of a particular decision is worth the cost or risk of that option, and how this stacks up with the other possible choices they may have. For more information, please visit www.valuepenguin.com, like our Facebook page, or follow us on Twitter @ValuePenguin.
Media Contact:
Nadia Gonzalez (Mrs.)
[email protected]
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SOURCE ValuePenguin.com
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