Half the nation's jobs are performed by female workers, but new research shows women fall behind men on their use and understanding of benefits that can protect their income.
According to a new survey by The Hartford Financial Services Group, men have higher participation rates for income protection benefits, such as life and disability insurance, while women have higher participation in health benefits, including medical and dental coverage.
Sixty-four percent of women wage earners said they "completely or mostly" understand life insurance compared with 79 percent of men. And 61 percent of women workers said they have life insurance through their employer, compared to 68 percent of men.
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