According to the Social Security Administration, about 97 percent of people age 20 to 49 have acquired survivorship protection both for their children under age 18 and for their surviving spouses who are caring for children under age 16.
The 360 Degrees of Financial Literacy Web site offers general information for managing personal finances and does not recommend specific financial actions. For financial advice tailored to your situation, please contact an expert such as a CPA or a personal financial advisor.