5 Myths That Could Have You Walking a Financial Tightrope Without a Safety Net

Eight of 10 Americans believe their family is their most valuable asset, but only 41% are protecting their family against the unexpected with an individual life insurance policy, according to a recent survey by Edward Jones and nonprofit consumer-education organization Life Happens. What's more, one-quarter of respondents reported that their biggest worry is leaving loved ones with unexpected financial burdens if they were unable to work or die prematurely.

Clearly, too few Americans are taking the necessary steps to help protect their hard-earned savings, their families and their futures even though there is a relatively simple solution. One of the best ways (and often most cost-effective way) to help ensure your financial goals are protected from an unexpected death -- as well as provide more financial security for your family -- is through individual life insurance. Yet, study.