Skip to content
  • Home
  • World News
  • Business
  • Aviation
195 news

195News

All the news that's fit to print

  • Home
  • World News
  • Business
  • Aviation
  • Toggle search form
  • War Day 101: war diaries w/ Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Feygin
    War Day 101: war diaries w/ Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Feygin World News
  • FAA Seeks Public Input on New Control Towers for Municipal, Smaller Airports
    FAA Seeks Public Input on New Control Towers for Municipal, Smaller Airports Aviation
  • MEMOIRS OF INDEPENDENCE,1957″ by DAVID WEDD
    MEMOIRS OF INDEPENDENCE,1957″ by DAVID WEDD World News
  • Diax Project by Leafer Circular Design Wins Iron A’ Design Award in Trade Show Design Category
    Diax Project by Leafer Circular Design Wins Iron A’ Design Award in Trade Show Design Category World News
  • Vibrant Occasions Introduces Versatile Custom-Built Kiosk for Events
    Vibrant Occasions Introduces Versatile Custom-Built Kiosk for Events World News
  • Designating Russian Nationals Involved in Serious Human Rights Abuses against Vladimir Kara-Murza
    Designating Russian Nationals Involved in Serious Human Rights Abuses against Vladimir Kara-Murza World News
  • Day 420: war diaries w/Former Advisor to Ukraine President, Intel Officer  @arestovych  & #Feygin
    Day 420: war diaries w/Former Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • Readout of Secretary Mayorkas’s Visit to Poland
    Readout of Secretary Mayorkas’s Visit to Poland World News
Fidelity Life: Life Insurance for Millennials

Fidelity Life: Life Insurance for Millennials

Posted on November 2, 2022 By NewsEditor
Fidelity Life: Life Insurance for MillennialsFidelity Life: Life Insurance for MillennialsCHICAGO - November 2, 2022 - (Newswire.com)

Millennials aren't immune from conversations surrounding life insurance, though they tend to steer clear of it. In reality, life insurance is a powerful tool that can make a huge difference in anyone's life, from the point of purchase to the day they die. Not only can life insurance be a valuable financial tool helping to round out a portfolio for the policyholder, but it also protects those they love long after they're gone. 

Finding and securing life insurance as a millennial should be relatively easy, but inconveniences like medical exams can quickly get in the way. Read on for a breakdown of life insurance, including life insurance with no medical exam, and to better understand why 45% of millennials are aiming to purchase life insurance. 

How Life Insurance Works for Millennials

For the most part, life insurance for millennials works the same as it does for other generations. Best of all, it usually only requires a few steps. 

  • Determine the necessary policy amount
  • Find a life insurance company
  • Submit an application and relevant paperwork

After approval, policyholders will receive all the necessary information to maintain their policy and should keep it handy for when their beneficiaries may need to access it. 

One area where life insurance can differ for millennials, or young adults in general, from older generations is the ease of applying.

The Benefits of Getting Life Insurance as a Millennial

Smoother Applications

The older one gets, the more challenging it can be to secure life insurance coverage. Usually, life insurance companies are hesitant to issue policies to unhealthy individuals as it increases the likelihood of early payout. However, it's a fact that as people age, they are more likely to experience health issues, which is why many life insurance companies require older applicants to take a medical exam before approval. To avoid this, apply when young and healthy. 

Better Rates and Coverage

Not only does being young help with the application and approval odds for life insurance, but it can also provide access to better rates and coverage. The less risk a person poses, the better they can expect their life insurance terms to be. Lower premium amounts with higher benefit payouts are always preferable and, luckily for millennials - more likely. 

Policy Types

With a general understanding of how life insurance works and the benefits of purchasing young, it's also important to know the types of life insurance available. Term life insurance is one option that can be a great choice for millennials.

Term Life Insurance

Term life insurance is a policy that is only valid for a specific amount of time. For example, if a person purchases a 10-year term policy, their policy will expire 10 years from the date of implementation. In some cases, they may be eligible to extend the policy. However, this depends on the insurer and is not always possible for every scenario. While term life insurance is typically flexible and affordable, especially for younger generations, it does not last forever. 

Why millennials should consider life insurance

Just because you're young and healthy right now doesn't mean you should ignore the benefits of life insurance. Many millennials are waiting later to enter the workforce, buy homes and have children, so it stands to reason that many are also waiting longer to buy life insurance. In addition, studies have shown they also overestimate life insurance costs and don't think it's as important as other monthly expenses. However, there are plenty of reasons to prioritize life insurance sooner rather than later.

Fidelity Life offers policies including no medical exam life insurance, making it faster and easier for people to get coverage. First, an applicant provides information to help match them with a life insurance policy that meets their needs. Then the applicant can select the policy and get a quote online or with the help of a licensed agent. Fidelity Life will then guide the applicant through the application and purchasing process.


Contact Information:
Laura Zimmerman
Chief Marketing Officer
[email protected]
(312) 288-0068


Press Release Service by Newswire.com

Original Source: Fidelity Life: Life Insurance for Millennials Fidelity Life: Life Insurance for Millennials
Business

Post navigation

Previous Post: New UK chancellor U-turns on economic plans – BBC News
Next Post: Our job is to separate sentiment from data, says Veritas Financial Group Founder Greg Branch

Related Posts

  • Brenda Maher Named President of Berkshire Hathaway HomeServices New England and New York Properties
    Brenda Maher Named President of Berkshire Hathaway HomeServices New England and New York Properties Business
  • Food Preservatives Market Crosses ,671.7 Million by 2031 with a Masterstroke CAGR of 3.4%
    Food Preservatives Market Crosses $3,671.7 Million by 2031 with a Masterstroke CAGR of 3.4% Business
  • Rapid e-commerce growth, retail penetration drive expansion
    Rapid e-commerce growth, retail penetration drive expansion Business
  • Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
    Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value) Business
  • Zil Money Celebrates Over 900K Registered Users, Holding Its Position as a Leading B2B Payment Platform
    Zil Money Celebrates Over 900K Registered Users, Holding Its Position as a Leading B2B Payment Platform Business
  • 22.3% of the Surveyed Respondents are Ready to Take Moderate Risks while Making Investment Decisions
    22.3% of the Surveyed Respondents are Ready to Take Moderate Risks while Making Investment Decisions Business
July 2025
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031  
« Jun    
last celebrity gossip
Gossip Stone - celebrity life and gossip

Recent Posts

  • Pulsar Fusion Confirms Expansion to U.S. with New Texas Office, Signs MOU with Thales Alenia Space, Unveils UK’s Largest Space Testing Facility, and Releases New Mission Video to TitanJuly 3, 2025
  • First National Capital Corporation Releases Groundbreaking Research on ERP Financing Trends & Benchmarks for 2025July 3, 2025
  • Global Leader VAC AERO Establishes First US Facility in Greenville, SCJuly 2, 2025
  • Billboard Charts Dance Diva Fawn Makes the Summer Sizzle with Her New Club Track ‘Miami’July 2, 2025
  • STS Impact Windows, Doors & Roofing Expands Hurricane Protection Services Throughout Boca Raton and South Florida RegionJuly 2, 2025
Brand Values Content
VUGA Enterprises - media network PR & Marketing
  • War in Ukraine, Analytics. Day 817 (part2): Five Years of Zelensky. Negative Advancements.
    War in Ukraine, Analytics. Day 817 (part2): Five Years of Zelensky. Negative Advancements. World News
  • War Day 161: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych  & #Feygin
    War Day 161: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • War Day 247: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin
    War Day 247: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • Key Drivers, Trends, And Forecast 2024-2033
    Key Drivers, Trends, And Forecast 2024-2033 World News
  • When is it time to replace the seat upholstery on your boat?
    When is it time to replace the seat upholstery on your boat? Tech
  • Digitunity Report Identifies Need for Audio Enhancement
    Digitunity Report Identifies Need for Audio Enhancement Business
  • Popular Politics: Military Situation Weekly Review | The Bloodiest Battle Of The War. 2023-03-12
    Popular Politics: Military Situation Weekly Review | The Bloodiest Battle Of The War. 2023-03-12 World News
  • War Day 635 part 2 of 2: Ukraine is losing best options by Refusing to Acknowledge Reality.
    War Day 635 part 2 of 2: Ukraine is losing best options by Refusing to Acknowledge Reality. World News
aerospace company
stem cell clinic in kiev
medical spa in miami
Fashion TV free

Copyright © 2023 195 News. All Rights Reserved by Coolaser | Partner of VUGA Enterprises |  Advertising: Get Published

Powered by .