In the wake of the global COVID-19 pandemic, the importance of life insurance has become more apparent than ever to not just older Americans but also younger adults. A recent study conducted by non-profit LIMRA found that nearly half of all Gen Z (those roughly between the ages of 18 and 26) and Millennials (those roughly between the ages of 27 and 42), numbering some 53 million people, recognized the need for life insurance and believed they did not have enough insurance coverage.
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