Many younger people in their 20s probably aren’t thinking about life insurance. Most are getting settled in their careers and trying to get their finances in order. However, many financial experts say that your 20s is the best time to purchase life insurance. If you are healthy and do not smoke, life insurance rates are likely to be low. Are younger people buying more life insurance policies than older generations? Insurance policy website Insurist.com conducted a Life Insurance Consumer Report Study in order to determine which generations tend to buy life insurance the most and how much coverage they typically buy.
How Much Life Insurance Coverage People Are Buying, By Age #Infographic
Many younger people in their 20s probably aren’t thinking about life insurance. Most are getting settled in their careers and trying to get their finances in order. However, many financial experts say that your 20s is the best time to purchase life insurance. If you are healthy and do not smoke, life insurance rates are likely to be low. Are younger people buying more life insurance policies than older generations? Insurance policy website Insurist.com conducted a Life Insurance Consumer Report Study in order to determine which generations tend to buy life insurance the most and how much coverage they typically buy.
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