Search
 

Life insurance low on millennials' priority list

Anthem says it would behoove both employers and insurance brokers to educate their millennial workforce on the benefits of life insurance.

By Katie Kuehner-Hebert | Updated on September 27, 2017
Just over a third of millennials say it is important for an employer to offer life insurance. (Photo: Shutterstock)

Millennials may want to marry, buy a house and have kids, but most aren’t thinking about buying life insurance in case they die prematurely and saddle their family with a mortgage and other bills – including their student debt, so says an Anthem survey.

The survey, conducted via YouGov, collected data from 905 U.S. adults who work at a company with at least two employees. Just over a third (39 percent) of millennials say it is important for an employer to offer life insurance – even though other research shows that 70 percent want to get married, 74 percent want to have a family, and 93 percent want to own a home.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Katie Kuehner-Hebert

Katie Kuehner-Hebert

Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.

More from this author

Recommended Stories

Rising Stars: BenefitsPRO Luminaries 2024 Honorees

Rising Stars: BenefitsPRO Luminaries 2024 Honorees

BenefitsPRO Editors |

This category honors individuals and organizations who have been in the industry for five or fewer years but have already made an immediate and outsized impact on their colleagues, organizations, clients or the industry as a whole.

BenefitsPRO Broker Expo 2025 (BPRO)Event

The premier educational and networking event for employee benefits brokers and agents.

Get More Information
 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.