New study shows life insurance coverage is up, but confidence is down

September marks Life Insurance Awareness Month, so it’s fitting to dive into PolicyMe’s second annual life insurance report. The 2026 Life Insurance Gap Report, produced in partnership with Angus Reid, looked at the responses of over 1,500 adults asked about life insurance coverage and barriers to access.The report shows some positives compared to the previous year’s analysis, but there are some concerning details, mainly regarding affordability and consumer confidence.More Can