Millennials: The debt-averse, insurance-buying generation
June 23, 2016 by AFLAC
By 2017, millennials will have the most buying power of any generation — and one thing they will buy is insurance.
By 2017, millennials will have the most buying power of any generation. Still, with all that power, there are some things they won’t spring for— things such as pay television, cars and mass-market beer.
One thing millennials will buy, however, is insurance products. According to the 2016 Aflac WorkForces Report, those born between 1980 and 1991 are big on protecting their belongings. For example, with the exception of roadside assistance, they’re more likely than any other generation to use their hard-earned money for cell phone, home appliance, identity theft, trip, pet and even instrument insurance. They’re even the most likely to insure major events, such as weddings, and to purchase products protecting them from tax audits. Click HERE to read more… LifeHealthpro articles are free to read via registration
