According to recent research from Lincoln Financial Group1, the pandemic is prompting younger Americans to think more about planning for their financial future, with 79% of Millennials surveyed saying they are looking for ways to better protect themselves and their families financially.
Life insurance can serve different purposes for individuals based on their overall financial plan. In honor of Life Insurance Awareness Month, we asked Karen Gilmore-Buxton, a Senior Product Specialist for Lincoln’s Competitive Market Solutions team and mother of four boys, to share her real-life experience using life insurance to cover college expenses for her kids. Watch Karen’s story below.
- Lincoln Financial Group, Consumer Sentiment Study, July 2020-2021