Brian Madgett | Source | Vice President at New York Life Insurance Company

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Brian Madgett

Vice President at New York Life Insurance Company and 1 other company
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  • Millennials Most “At Risk” When It Comes To Life Insurance

    (NAPSI)—The Millennial generation is now the least prepared for unexpected life events due to a lack of adequate life insurance coverage, according to the latest edition of New York Life’s Life Insurance Gap survey. The survey asks Americans to compare how much life insurance they need, based on living expenses and plans for their loved ones, with the amount of life insurance protection they have. Millennials as the most exposed contrasts with 2013 study, which found Gen X under the most pressure.

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  • While ten percent of Millennials already enjoy the peace of mind that comes from taking a ‘protection-first’ financial planning approach, too many are starting a family or buying a home without access to replacement income if the worst were to happen.

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