Study: Millennial families want life insurance tailored to them

MILLENNIALS, SUCH AS young staffers at the R.I. Housing and Mortgage Finance Corp., shown above, often look for life insurance options tailored to their generation before considering whether to buy policies, a recent SE2 survey found. / COURTESY R.I. HOUSING AND MORTGAGE FINANCE CORP.
PROVIDENCE – Burdened by student loans and other concerns, young “millennial” families are buying less life insurance than previous generations, but they are willing to consider it if policies are tailored to them, a recent survey found. Millennials are more open to new life insurance options that appeal to their lifestyles, are technology savvy, and…

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