An 1919 Illinois Health Commission Report showed that 81.9% of wage earning families in the City of Chicago had at least one member with a life insurance policy. Even among the poorest residents, 73% purchased life insurance. Further 9 in 10 blacks held some life insurance, a share larger than ANY other native group, including whites. Who were the laggards? We Italians, with only 57.8% purchasing policies. Being Italian myself, I will not be offended by comments discussing our lapse here.
HT: David Beito’s excellent, From Mutual Aid to the Welfare State