4/2004 Mortality protection
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Millions of consumers around the world lack adequate life insurance protection, according to a Swiss Re sigma study released today. "Mortality protection: the core of life" identifies significant shortfalls in the amount of mortality cover purchased when compared with consumers’ real protection needs. If the protection gap were to be filled, the average amount a family spends on life insurance premiums each year would need to increase by USD 98 to USD 444, depending on the country.