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Life Insurance is a Tough Sell For Millennials
When you're young and healthy, it can be difficult to consider future negative consequences.

NEW YORK (REUTERS) - Joseph Shonkwiler, the proud father of newborn twin boys, owns a life insurance policy.

Like many millennials, the policy was not a priority for the 34-year-old from Cambridge, Massachusetts, until the twins were due. He will start paying down close to $200,000 in student debt after completing his MBA from the Massachusetts Institute of Technology's Sloan School of Management.

A study from Life Happens, a consumer group formed by insurance providers, and LIMRA, the life insurance trade association, found that 29 percent of millennials cited saving for a vacation as a priority over purchasing life insurance or increasing their coverage. ...Read More

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