Hey, Millennials. Life Insurance Is Now 80% Off!

So many people get down on Millennials, telling them they are doing just about everything wrong. That’s why when Life Happens and LIMRA did a joint Twitter chat for Life Insurance Awareness Month #LIAM18Chats, people had a lot of good insight and some great advice for Millennials about how to think about life insurance.

We discussed an important issue—the fact that 44% of Millennials overestimate the cost of life insurance for a healthy 30-year-old by five times (2018 Insurance Barometer Study by Life Happens and LIMRA).

We LOVED Jena Kennedy’s way of thinking about its cost. Maybe a life insurance company will just take her up on it.

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And here’s where being “wrong” is OK, according to Ilyce Glink.

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Jaime Kalamarides had thoughtful advice for those freelancing and part of the Gig Economy, who may not be getting even basic coverage through an employer:

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LIMRA points out Millennials ARE hip to getting help–more than their elders. Good for them. NAIFA‘s tweet has a great solution if you don’t have an advisor currently and you can also find someone in your area using our Agent Locator.

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And if you want the best reason of all to find that “80% off bargain,” ACLI‘s advice is spot on.

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Want to see more of the great stuff that went on, then head over to Twitter and the #LIAM18Chats hashtag. Have a great Life Insurance Awareness Month by getting that coverage—now!

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