The insurance companies have been so successful in appealing to American consumers' need for financial security that there is now an "overinsurance" problem, with many Americans having far more life insurance coverage than they really need.

Question

Quizplus · Accepted Answer

There is no widespread evidence or consensus that Americans are generally overinsured in terms of life insurance. In fact, many studies suggest that a significant number of Americans are underinsured or lack sufficient life insurance coverage.

The Insurance Companies Have Been So Successful in Appealing to American