Buying life insurance can be a wise move, even if you're young with a high net worth. A low-cost term life insurance could be perfect for Millennial couples who have (or are expecting) children.
Wealthy Millennials can score cheap deals on term life insurance. In any case, if you make such a massive income, life insurance only makes sense, especially if there are kids involved.
Even with significant assets like home equity and a retirement account, obtaining term life insurance is a practical decision for young couples aiming for financial security.
Consulting with a financial advisor is wise before purchasing any term life insurance policies, even if one's wealth makes comparisons less crucial.
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