Milestones like marriage and parenthood are so delayed for millennials and Gen Z many of them are skipping out on life insurance, report finds

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1098duc_w_the_termi@reddit

Saw the comments and had to double check that we were in r/collapse because even mainstream subs are adopting our perspectives.

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InitialAd4125@reddit

I've had to do that more and more as time has gone on.

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blarbiegorl@reddit

I have no family, no spouse, no children. Why would I want life insurance? Let my creditors rot, bro.

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Da_Question@reddit

I have life insurance through my work, free as I work at a foundry, I had to list a recipient so I just have it going to planned parenthood.

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InterstellarReddit@reddit

I just list a close personal friend fuck it if I die at least you’ll enjoy the money

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baxx10@reddit

Lol, that's a good idea. All my accounts need a beneficiary, so I wonder wtf would happen if I die... But meh, whatever.

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03263@reddit

I give mine to Audubon society. They can buy and protect more land for wildlife.

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KushKingKyle@reddit

I just put my mom on there lol. Maybe it’ll cover cremation and funeral stuff at least.

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pocketgravel@reddit

Same here working at a hydro dam. It's enough to settle my debts and pay for a funeral, I named my brother who'll get everything I have anyways.

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blarbiegorl@reddit

Wait I get some through work too, about to go leave it to the humane society since I never elected a beneficiary. Thank you!

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This, exactly. I have a 25k policy for my job that can be cashed out for my funeral and cremation. Realistically, I’ll probably need to sell any minimal assets I have to fund end of life care. Why would I pay for more insurance?

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Jovan_Knight005@reddit

I have my parents but to my knowledge, my mother doesn't have life insurance in my country (Serbia).

I probably won't have life insurance, either. Might as well deprive insurance companies of the satisfaction that my money would be those insurance companies.

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new2bay@reddit

Exactly. The only thing I’m concerned about after I die is my dog, and I’ll probably live longer than her.

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No-Alternative-1987@reddit

My retirement plan is eating crickets grubs and lizards and you want me to buy life insurance 😂😂😂

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refusemouth@reddit

My retirement plan is a handful of pills and lighting my own funeral pyre.

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ArugulaAcrobatic4018@reddit

At least cosplay as Luigi for a bit before you go

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Thor4269@reddit

If you build it over a hole, the pyre will burn down and collapse inwards, burning and burying everything that's left

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ablufia@reddit

this is fucking genius 💯

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ArugulaAcrobatic4018@reddit

Why do single people need life insurance anyway? Even saving for retirement is barely a thing.

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PithyCyborg@reddit

Life insurance?

Rofl.

Isn't that something rich folk use?

Dude... Whoever writes these articles is so out of touch.

I literally can barely afford groceries anymore and these envision that I can swing an extra $2k a month for life insurance?

Lol.

(I must be dismally broke man. I feel so out of touch.)

Coridlaly,

Mike D

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mhook52@reddit

Yeah im in the same boat, my life insurance and 401k and such all go to my sister's and my nephews when I die. I cant even consider affording a kid at my income level

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existing_for_fun@reddit

I'm 38. Wife is 34. We have policies on each other at $500,000 They are 30 year term policies.

They cost about $30 a month each. Not a ton but enough to be helpful if one of us dies.

And we USED to own a home and the policy was enough to pay off the mortgage if needed.

It's not terribly expensive, but I can certainly see how lifetime policies are. We honestly couldn't afford it.

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Dustmopper@reddit

Even the Beastie Boys have fallen on hard times

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PithyCyborg@reddit

Rofl.

That's so funny.

I used to love the Beastie Boys. And yes. Everyone called me Mike D when I was a kid, probably because of them, lol.

Cordially,

Mike D (The other, nerdier Mike D)

PS:

"One lonely beastie I be. All by myself without nobody." - Beastie Boys, Paul Revere

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trpittman@reddit

Mine is very inexpensive through work. I actually went that route specifically because I have terrible health insurance through said job lmao. When capitalist healthcare catches up to me, hopefully the life insurance is enough to keep my family afloat.

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frozenflame21@reddit

It’s seems wildly optimistic to call these milestones delayed, which infers that the milestones will still be met, just later in life. I think it’s more accurate to say those milestones will be skipped altogether by a significant portion of individuals.

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Dear_Document_5461@reddit

I vaguely recently learned that people are having more "first kids" in their forties and that a higher percentage than ths decreasing percent of teenager pregnancy so there is some actual delay going on.

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AbominableGoMan@reddit

The life insurance industry is a parasitic scam anyway.

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TraumaMonkey@reddit

I get effectively free life insurance, and I just listed my most responsible brother as the recipient. Welp

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lvluffin@reddit

Extra money? What?

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Dustmopper@reddit

Or maybe everyone is broke and buying a life insurance plan for even $20/month for “someone else” to use “someday” seems foolish when you could have that money right now 🤔

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jamesdukeiv@reddit

Guilty, I didn’t bother with life insurance until after we bought a house and got married because I have no intention of spending $20k on a funeral, I’m being cremated. That life insurance money wasn’t anything that would matter until there were things like a mortgage and a kid for my husband to worry about.

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Da_Question@reddit

Isn't cremation also expensive?

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davidm2232@reddit

You could DIY it with a large wood boiler. You could even do it over an open pit but that is a bit barbaric. I'd be all about something like that.

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jamesdukeiv@reddit

Pyre funerals are illegal in Texas but I know a place in Colorado that used to do them

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davidm2232@reddit

What are they going to do? Take away your birthday? You can't arrest a burnt corpse.

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jamesdukeiv@reddit

Not even in the same range. Cremation (without viewing, etc. because funeral homes prey on the grieving by upselling services and I will not have my corpse anywhere near one) runs from around $800 to $2,500.

Embalming is both so unnecessary and so incredibly expensive. A traditional burial starts around $4,000 (basic casket with no viewing) and can get incredibly expensive depending on how aggressively the funeral home upsells (flowers, caskets, decorations, extended services, graveside flowers, charging for a sun tent for the funeral service). My grandfather's funeral was around $15,000 not including the cost of his burial plot, and if we hadn't been there to help my grandmother make decisions they easily could have ended up selling her a $30k package.

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sg92i@reddit

My grandfather's funeral was around $15,000 not including the cost of his burial plot

There are ways to do this a lot cheaper depending on where you live in the US. In rural areas it is common for churches to have their own cemetery with cheaper rates (sometimes this requires being a member of the church but not always). Some rural areas also have municipal cemeteries that are not terribly expensive. You can get a cosco casket for about $1k, get a vault for about $1k, get a flat set in the ground headstone online for a couple hundred and be out the door for under $5k with the cemetery's plot purchase & opening & closing fees. Skip the embalming, don't have a service, let the family watch the internment and then have their own service after the funeral home leaves.

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KlicknKlack@reddit

Or, cremate and a ceramic jar from local crafts store. And my loved ones could buy themselves a top of the line electric assist bike?

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choicetomake@reddit

Yeah my Aunt was buried and the tombstone (monument) alone was north of $20k.

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sg92i@reddit

Without insurance, if you die your next of kin gets $250 from the social security death benefit. You can't cremate a dog for that anymore. If the deceased was on SSA (either as a retiree or disabled) they don't prorate your monthly benefits so your heirs have to pay-back the last month's SSA check (so figure around -$1980 in the red). For many Americans with less than $500 in savings, that means the survivors need to cough up $1480 if they expect to keep the house & any vehicles.... and still come up with another $1k-2k for a direct to cremation (no service, no burial).

So even in a "no burial" scenario a couple really needs to have $10k in life insurance coverage or the one left behind is financially super fucked.

And that's before even thinking about "how will the survivor pay to exist with half their monthly income stream gone from their partner being dead?"

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ObscureEnchantment@reddit

This whole thing sounded like the insurance companies buying an article to tell everyone about how they’re getting less money :(. Sorry I can barely cover my health insurance that barely covers my needs. Life insurance is just another expense but like you said what the point if “maybe someday” you get the investment back. It’s not an investment.

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TEK1_AU@reddit

That’s exactly what it is.

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Dustmopper@reddit

Well… “you” won’t be getting shit back, ha ha

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KlicknKlack@reddit

Yeah, Life insurance is like a shitty consolation prize for your family/loved ones.

"Ahh I am sorry your husband died... Here is $50k" or worse, "... We determined it was a pre-existing condition that was not covered by life insurance." or they just ghost you and hope you just don't know that money exists so they can keep it.

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Head_Leadership_2108@reddit

It looks like an ad for Capgemini (a consulting firm) targeting insurance companies. It’s published in Fortune, a “serious newspaper for serious upper management”.

IMO the goal is to go see insurance companies and tell them “look, we understand your problems, we even talked about it on Fortune! Wow it’s so hard for you right now :( But don’t worry we have a solution: buy our 10 millions AI transformation plan. You’ll save so much money long-term! You know the entire industry is implementing agentic workflows now, right? You don’t want to be left behind”

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DeusExMcKenna@reddit

I audibly gagged at the last bit, even though it’s 100% true. So tired of hearing the phrase “agentic AI”

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Head_Leadership_2108@reddit

Yeah me too… Guess on what I’m working right now?

I’ve been assigned on an ongoing “agentic AI workflow” for a client. They want to automate everything and have a handful of people press “confirm”. I’m documenting why the way it’s completely moronic, will destroy the company from the inside and is going to cost a fortune.

Answer: “yeah we know… We’ll try to sell them the fix later”

It’s like everyone gave up and is waiting for the layoff (including on the client’s side).

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DeusExMcKenna@reddit

Disgusting, yet entirely unsurprising.

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SRod1706@reddit

I am sure that's what it is.

Millennials ruined life insurance will be the next one.

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nubsuo@reddit

Life insurance, like any other insurance, is something you get to fit your needs. My wife’s family suffered due to not having life insurance for one of her parents and her surviving parent regrets it to this day. I pay for life insurance for her, not for me. If you have nobody for it to benefit, there’s obviously no reason to have it, but it is something you don’t realize is important until you don’t have it when you need it.

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crumblednewman@reddit

I got a $15k policy through my credit union that costs $2.95 every three months. I have no property or kids, but someone will have to pay for my cremation. Whatever is left is assigned to my nephew.

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CCMelonDadsEnnui@reddit

I don't know why I still get surprised that boomers are surprised by reports like these. Of course we're not spending money on life insurance when most if us don't have kids. This is like when my parents act like being one month late on vehicle registration or filing taxes one week past the deadline without an extension will get you thrown in jail immediately.

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kanyetherealkanye@reddit

Life insurance? Bro we need health insurance first

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davidm2232@reddit

I never understood the purpose of life insurance. I am a single guy with no kids. My employers have all touted it as an awesome benefit. But, like for what? My house is paid off, I have no debt, and no one relying on my income. I don't even have anyone I would list as a beneficiary. I put my mom down just to have someone but she doesn't need the money. I wish we could opt out.

Then we have my dad pushing me to get AFLAC like coverage and I just don't see why

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paul95se@reddit

Won't be living full lives anyways so what is the point.

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Drycabin1@reddit

Oh what will the life insurance salespeople do?

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paul95se@reddit

Won't be living full lives anyways so what is the point.

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skoomaking4lyfe@reddit

No kids, my fiancee died, and my estate is going to consist entirely of my student loan debt. Haven't decided who I'm bequeathing that to yet.

At least my avocado toast brings me a few minutes of sensory pleasure. The fuck is life insurance going to do for me?

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neurapathy@reddit

Love the idea of bequeathing debt to shitty individuals and/or corps.

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skoomaking4lyfe@reddit

Wish that's how it really worked lol

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SQ-Pedalian@reddit

If you have federal student loans, those die with you. They never get passed on to anyone else. Private student loans…different story depending on the lender.

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KlicknKlack@reddit

Isn't most debt non-transferable upon your death?

Like unless a family member starts paying once you die, they can't really come after you with anything but empty vague threats.

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tedsmitts@reddit

They'll dig up your corpse and shake it to see if there's any loose change in the pockets.

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KlicknKlack@reddit

If they wait long enough, thats just called archeology :D

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DissedFunction@reddit

lol

maybe the fact the planet is crashing and burning might have something to do with people 2nd thinking bringing kids into this mess.

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neurapathy@reddit

/r/antinatalism2 (the original was over-run by militant vegans)

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extinction6@reddit

How many science articles warn by 2050 things will be bad. A child born today will be 24 years old then. climate change is accelerating.

Let's be honest, the insurance companies aren't going to be able to afford the payouts for the forthcoming human mass extinction.

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SomeRandomGuydotdot@reddit

The rumor is that private credit used life insurance as a dumping ground for toxic waste on their balance sheet.

Some of the major reinsurance firms are set up in places like the Bahamas so God only knows what's going to happen when theres a turn in the credit cycle.

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Hetoxy@reddit

And we’re ahead of the 2050 curve

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BigJSunshine@reddit

Username sadly checks out.

Also, excellent point about life insurers being unable to payout, my guess is they are already feeling the pinch now that boomers are dropping

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Jovan_Knight005@reddit

Let those insurance companies collapse, then.

I won't give any that i'll learn in the "future" and keep that money to myself and my family. Mainly for my mother, grandmother and grandfather.

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AstralVenture@reddit

I have Group Life Insurance. I only have my sister and parents to leave it to. Maybe I’ll die before my sister, who knows.

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democritusparadise@reddit

Life assurance is for people with dependents.

I'd rather have my avocado toast please.

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Thor4269@reddit

Can't afford a house, can't afford kids, can't afford health insurance let alone life insurance

I'll probably die long before retirement age for one reason or another...

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homoanthropologus@reddit

In some cases, they're pushing off these major milestones to enjoy life in the moment by traveling or making large purchases.

This is fucking insulting when the minimum wage can't even afford rent in most states.

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TheTurboDiesel@reddit

Any state.

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Jovan_Knight005@reddit

That article was written for the rich people, millionaires and billionaires.

Not for the poor and middle class people in countries around the world, Including my country (Serbia).

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IntoTheCommonestAsh@reddit

I was a bit too honest answering questions about my mental health once. They denied and I'm pretty sure I'm forever uninsurable lol

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Kipbikski@reddit

You can be disqualified for simply having too much belly button lint. Considering most people have some sort of pre-existing condition, especially depression in today's world, is it any wonder barely anyone is able to buy insurance?

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Jovan_Knight005@reddit

If It's of any assurance, you'll have some money to keep for yourself and your needs. Spend it wisely.

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Western_Care_5478@reddit

So, tell me.

What is the benefit of being married or having kids? I hate children. And my partner and I both agreed that just living in the same house is better, being married has less and less benefits these days other than some tax incentives and maybe insurance but like.....what's the point?

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Oldebookworm@reddit

Didn’t you see the article that says that having children makes life easier and more productive and lucrative as a man?

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sgm716@reddit

Whats life insurance?

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ShakeItUpNowSugaree@reddit

I was widowed at 40. We didn't carry life insurance on him because of the cost (turns out that the actuaries were right). I do carry a policy on myself because now I'm the only parent my child has left.

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ResistantRose@reddit

And how many times do we see in the personal finance sub that the "life insurance" the person was buying was really a rip off meant solely to enrich the sales agent?
It's a system meant to be hard to navigate, with too many stories about getting scammed, and makes the would-be-insured feel like just another product.
I'm honestly surprised that many young and mid-life people see life insurance as "essential".

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KlicknKlack@reddit

I'm honestly surprised that many young and mid-life people see life insurance as "essential"

Honestly, that statistic seemed off to me. I don't know anyone in my social orbit that has ever talked to me about life insurance beyond the fact that my employer insures everyone up to $50k automatically.

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ResistantRose@reddit

The article says it's from a report shared only with Fortune magazine, from a French firm called Capgemini. The report was shared in September 2025, before the company divested from the US arm that provided skip tracing services to Ice https://en.wikipedia.org/wiki/Capgemini

I think we have good reason to doubt these figures that are only verifiable behind a paywall.

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KlicknKlack@reddit

"I asked chatgpt to generate estimates by % of how many people under 40 think they need life insurance, and recommended to the model to be GENEROUS about how many there were"

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quotes42@reddit

Okay but if you’re getting married, that’s all the more reason to not get life insurance…

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existential_risk_lol@reddit

Our generation can't even insure our own bodies, let alone the rest of our lives. What the fuck does Gen Z own that can be insured??

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Chumbag_love@reddit

Life insurance is dumb, just invest it

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MeowKat85@reddit

One more bill to pay. One more check deduction. No thank you.

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Detachabl_e@reddit

Life insurance is a bad value proposition compared to investing. Short term, it does hedge against risk of death for loved ones, but if you aren't married/haven't started a family then you are better off just funding your 401k.

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Comrade_Compadre@reddit

I have a wife/kids, and a semi-dangerous job.

Obviously if it weren't for them I would not have life insurance lol

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BigJSunshine@reddit

That is the one scenario it absolutely makes sense.

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Comrade_Compadre@reddit

Trust me it's not like it makes it much easier lol. It's like a third of my monthly friggin paycheck, and what they'd get if I died would maybe pay off the house.

My 100 year old over priced house that needs a roof plumbing and electrical done. That's it

But hey, at least it's a shabby roof right?

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nakedonmygoat@reddit

With a semi-dangerous job, you may be better off with AD&D (Accidental Death & Disability) insurance, which is cheaper, since it only pays in the event of an accident. If you die due to an illness, AD&D won't pay.

If you look into this further, read the fine print very closely to find out if workplace accidents would be covered.

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Rustie_J@reddit

I mean, it depends. Do you have other family, like parents &/or siblings, or close friends, that you'd like to help out? If so, & you work a risky job, or live in a dangerous place, or have health issues that don't preclude getting it, it might be worth it to you.

Plus, investing always risks wiping you out in a crash.

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4ab273bed4f79ea5bb5@reddit

Oh just wait till Millennials start aging into Filial law debt en mass. Your shitty boomer parents will probably try to ruin your life one more time no matter how estranged they are- especially if they decay in a red state.

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ZEALOUS_RHINO@reddit

why would you buy life insurance if you are single, don't own a home, and have no kids?

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fd1Jeff@reddit

Starting in the mid 80s, insurance companies made a lot of money selling life insurance to people who basically didn’t need it. Their salesman were really terrific. I knew of a woman who was single and had no dependents who had a $200,000 life insurance policy on her after her divorce. She and her then husband, who didn’t have kids, got talked into having huge policies on each other by some salesman. She had to search for potential beneficiaries, and settled on a niece and nephew.

She was not the only one. I had another friend who had something similar happen, and I read in a financial management book how in 1990 or so something like 30% of life insurance policies were being sold to single people with no dependents. It was all a big rip off.

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ZEALOUS_RHINO@reddit

The old adage in life insurance is that its sold, not bought. That's because its a scam. The only time it makes sense is if you have dependents that rely on your income and even then, only term insurance really makes financial sense.

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Apprehensive_Bake_78@reddit

To pay off the cost of dealing with my funeral so my parents don't have to worry about it. When I didn't have kids and was young and term policies were super cheap I had one that paid out $50,000 to my best friend..Who still is my beat friend. I'd want him to be able to pay for therapy and maybe a trip and things to upgrade his life just a little while dealing with what would've been my suprise death.

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ZEALOUS_RHINO@reddit

I was talking about people who don't have money to burn bro but congrats on your wealth

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Apprehensive_Bake_78@reddit

What an odd response. I'm not flaunting wealth. I'm thoughtful. The policy cost $4.88 per paycheck.

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ZEALOUS_RHINO@reddit

Thats a days worth of food for many people. Many need to spend that money to stay alive its a privilege to be a be able to spend money on your afterlife.

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Gregleet@reddit

life insurance is a scam anyway. i can't believe 70% of people think it's essential.

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Hayes4prez@reddit

Life insurance? I can’t even buy a house. Who cares about life insurance?

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Soggy-Improvement196@reddit

I don't even have a life!

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steamwhistler@reddit

How do you insure that which has no life

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ragequitCaleb@reddit

Life insurance and house are not related at all lol. If you have a dependent or two its extremely comforting knowing that if you got hit by a bus they would have $1M next month. I rent but I have that security.

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Asiatic_Static@reddit

If you have a dependent or two

Right, this is the premise of the article, these people DON'T have dependents.

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Jolly-Sandwich-3345@reddit

Jeez are the companies rolling back benefits so much that peopke don't even get life insurance any more?

(For the record I am Gen X at a government job with $45,000 in life insurance going to my Nephew.)

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thirsteefish@reddit

Is this in part because the way we sell life insurance is nearly identical to how MLM works? People just don't like c2c direct selling.

I was at a public family kids sports event and someone at least 75 was harassing people to buy New York life. A dying breed, fortunately. This and how robo investors, fin techs, and more ETFs have put c2c financial advisors out.

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larevolutionaire@reddit

If you don’t have dependents, a life insurance is useless. Put that money into some investments and a cheap cremation comes out under 1500$.

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DisturbingPragmatic@reddit

Given the number of loopholes insurance companies use to get out of paying what they owe someone, they can take their life insurance and stuff it directly into their piss holes.

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KlicknKlack@reddit

In before they try to make it legally mandated for everyone to have life insurance like they do other types of insurance.

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Willing_Cost2665@reddit

The insurance industry selling to people who can't afford rent is the wrong frame entirely. The more interesting question is structural: wages have decoupled from productivity since the 1970s. Every generation since has been asked to build the same life on a smaller real income. The delayed milestones aren't a lifestyle choice. They're the logical response to a system that has systematically priced out participation. Life insurance is just where the math becomes visible.

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Grand-Page-1180@reddit

Optimistic of the article to say the milestones are delayed. They're cancelled for me.

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jeffplaysmoog@reddit

I'm 43, what the fuck is life insurance?

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zippopwnage@reddit

Life insurance? Do you want me to pay even more than I already do on everything? hah

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Own-Medium5232@reddit

Those milestones should die.

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BellaRyder2505@reddit

Yes!

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BellaRyder2505@reddit

This isn't bad news. People shouldn't get married just to get married and cause that's what you are supposed to do. They should get married cause they want to and they love each other. And no one should having kids imo. Life is too short and it's so temporary. Live your life how you want and enjoy it while u can!

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EugeneStargazer@reddit

Oh no. Who will save the insurance industry now?

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OmegaZero55@reddit

I have no reason to have insurance since I have no family of my own. No reason to waste money on it.

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somniopus@reddit

Another industry we're DESTROYING lol

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ferngully99@reddit

Who the hell buys life insurance?

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Western_Care_5478@reddit

Losers and suckers

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cRaZyDaVe23@reddit

Pfft, my family is under orders to take what they want and throw my shell into an interstate median strip.

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midgaze@reddit

Finance and insurance is an overplayed scam.

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BigJSunshine@reddit

You guys get “life”????

-GenX

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nicknice77@reddit

Nonsense article…. Why would they get life insurance at a young age and w/o children

This is a paid study/article

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Sufficient-Bid1279@reddit

The poooooor insurance industry/s

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Viridian_Crane@reddit

Life Insurance is like Retirement, its functionally going extinct in the US.

Give it 10 years it will be surprising the amount of people dying and have no means to pay for funeral. The US will start dumping bodies in the woods at that point cause no one wants to deal with the processional work. How about nicer, non-US thoughts. You know where actual societies function like...

https://www.upworthy.com/the-lonely-funeral-project/

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Fun-Potato-8664@reddit

The law of large numbers collapses when the system that is supposed to drive wealth growth and accumulation doesn't work. Actuaries should have accounted for this fact, the unintentional side of effects of industrialized "service" industry product structures. The law of large numbers for insurance will not sustain if the replacement rate drops closer to zero. The next systemic risk if insurance companies not having enough liquidity to payout their plan holders, evaporating away all that premium that was paid over the life of the user. Only time will tell if this trend becomes more likely.

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Micropain@reddit

Does dead peasant insurance count?

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brickout@reddit

Delayed mine forever.

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RealAd4308@reddit

It’s definitely cost of living but not only. Covid slowed everybody’s life for 2 to 3 years, everybody is expected to be more and more educated. People often live far from the « village » so it takes more organizing. We are more isolated in general. Climate change fear. That all adds up.

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delusionalbillsfan@reddit

If you dont have a family that needs a financial buffer there's pretty much zero point to life insurance. Fewer families, fewer buffers, fewer policies. And with more democratized investing you have the same exact investment options as the Insurance Companies but with no middleman taking a fee. Boohoo.

The bigger issue is the fact that Gen Z has to be excessively thrifty and have two incomes if they want to feel comfortable owning anything (speaking from my own experience), and virtually all young homeowners received help from their parents/grandparents.

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Voidstarblade@reddit

it is about 10% of america that is in the "Haves", the next 10% is "struggling have" and the other 80% is in the "Have not"

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tony-toon15@reddit

I get it through my work. I’m 38 and have been single for about 37 of those. Never got married, never had kids. Guys in my situation tend to go away in a couple more years. Maybe I can leave my brothers something. It will be my biggest contribution.

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LePetitRenardRoux@reddit

Lol I’m 35, what the fuck is life insurance?

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No_Detail2408@reddit

Keep my death out of your business plans plz

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Rossdxvx@reddit

Marriage + kids, family, etc., have been taken off my plate completely. And I am sort of okay with it because it is pointless to worry about things that are beyond your control (like wishing to become rich when it is obvious that the odds are stacked against you). I think that the post-war period of middle-class stability was already slowly withering away by the time I was born (1986). Nowadays, having a kid is a crapshoot - you just don't know what is going to happen, and all indications point towards the fact that we are heading towards something bad. Besides, there are already so many humans on this planet that I don't feel the need to contribute more.

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lFightForTheUsers@reddit

I think I have whatever work includes with my benefits, but that's it. Other than covering funeral expenses I don't really carry debt. Why would I need to purchase it then in my mid 20's?

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Cultural-Answer-321@reddit

Who can afford it?

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Saturn_winter@reddit

It was like, a dollar a month extra to get it tacked on with our work health insurance. I got it and just put my mom and dad down as recipients in case god forbid I go before they do

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trpittman@reddit

I have two life insurance policies because I can't afford quality health care 🙃

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OctopusIntellect@reddit

they can't make ends meet so they're "making large purchases"? Yes of course they are

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randomlyme@reddit

I’m Gen X and skipping life insurance other than what work provides.

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Polyzero@reddit

No point in having to pay for life insurance if there’s no family to receive those benefit,

Also worth mentioning how dystopic modern reality is when the only way to take care of your family as a middle-age man is to fucking die

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mephistophe_SLEAZE@reddit

I would just like to start by getting health insurance, geez. My job has been dangling it in front of us since we opened.

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GalaxyPatio@reddit

I took my current job with the idea that I'd be getting health insurance after the probationary period. Turns out it was just a stipend to pay toward state Healthcare, and only enough to pay for about half of what it would cost, with an additional stipend for a "wellness benefit". Then, my job was sold to someone else, and those people cut the stipend in half and removed the wellness stipend.

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DawnPatrol99@reddit

The Fuck it, Run it method.

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ruffianrevolution@reddit

clutches pearls. " Oh won't somebody think of the insurance companies"..

It's Privatised taxation. Nothing more.

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Conscious-War5920@reddit

As someone with a home, I can still confirm I rather spend the money traveling than banking on a life insurance. Meanwhile, everything else goes up around us in cost. You only get one life and seeing how things are rapidly changing I would like to see more of the world while I can.

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HardNut420@reddit

Im a car insurance sent me a voicemail saying if I get their life insurance my car insurance will go down which was a scam because my car insurance went down anyways so they were just trying to get me on two plans

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ApesAPoppin237@reddit

There are better things to gamble on than life insurance