Life insurance is often thought of as something that older people need. Young people, who don’t feel like they’re anywhere near death and may not even have much in the way of beneficiaries, may feel that they don’t need life insurance. Young people today are often referred to as Millennials and Gen Z. Millennials are those born between 1981 and 1996. Gen Z is those born between 1997 and 2012. While your average teen or preteen may not have life insurance to worry about, someone in their twenties may want to think about it, especially once they start working full-time.
Get Educated on Life Insurance in Alabama
Many Gen Z adults and millennials don’t have life insurance because they are unsure of how much or what type of insurance to purchase. This is where life insurance agents come in. They’ll help you determine what policy you need based on your health and potential risks. Some young people may not see life insurance as a necessity because they don’t have a spouse or children. You can list your parents or siblings as beneficiaries to reduce the costs of your burial. You don’t even need to be related to a beneficiary. You can list a friend, a charity, or an organization. You can have more than one beneficiary. If you have an underage niece or nephew or even just someone who you feel responsible for, they can be listed as a beneficiary. Just remember to update your policy to reflect your current lifestyle. Death can happen to anyone, so make sure your loved ones are supported in the event of such a tragedy.
Contact Birmingham Insurance Agency LLC
If you are in the Birmingham, AL area and need life insurance, please get in touch with Birmingham Insurance Agency LLC. We’re here to help!
