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Compared to older generations, Gen Z and Millennials say they face heightened financial worries, with their priorities centered around self-sufficiency, bill payments and managing expenses such as rent and mortgage.
- Millennials and Gen Z Lead Growing Need for Life Insurance in 2023
Half of Gen Z is now 18-26 years old, which means 19 million...
- Millennials and Gen Z Lead Growing Need for Life Insurance in 2023
23 Οκτ 2023 · This study analyses the influence of personal financial attributes on life insurance demand and, in so doing, explores whether the effects of such attitudes differ across different generational cohorts (i.e., the silent generation, baby boomers, Gen Xers, and millennials).
Half of Gen Z is now 18-26 years old, which means 19 million young adults are ready for life insurance, most of whom are non-owners; and Millennials, at 27 to 42, are well into their careers and starting families.
22 Ιουλ 2024 · These younger generations, particularly Millennials and Gen-Z, are digital natives who are accustomed to managing their lives and finances online. This extends to their approach to purchasing...
11 Αυγ 2021 · Forty-five percent of millennials said they are more likely to buy life insurance due to COVID-19, compared with 15% of baby boomers and 31% of Gen Xers. 7 Financial Don’ts for Every...
14 Σεπ 2023 · In honor of Life Insurance Awareness Month, check out these four reasons Millennials and Gen Zers should consider life insurance coverage. 1. You have people who rely on you. Life insurance promises to pay your loved ones a sum of money in the event you pass away. If you’re in a committed relationship, engaged, married or have children, life ...
6 Σεπ 2024 · Engaging Millennials and Gen Z in meaningful discussions about life insurance can be most effective when tied to significant life milestones, as they’ve traditionally acted as trigger points...