Life insurance is a valuable protective service. Even though the benefits that this type of policy brings makes it a priority for many people, one specific age group isn’t taking advantage of this insurance option. The Millennial generation isn’t buying life insurance at the same rates as the generations before them.
Whether you’re a millennial yourself or a parent or family member of a millennial who doesn’t have life insurance, understanding the importance of purchasing a policy is absolutely essential. If you think that life insurance is only for retired or the elderly, then take a look at what young adults need to know about this type of coverage.