Life Insurance Trends in 2025
- 📲 Digital-first policies: Apply, get quotes, and manage policies online
- 🧬 Living benefits: Use part of your policy while still alive (for illness, critical care)
- đź‘Ą Younger buyers: Millennials and Gen Z are increasingly buying insurance through mobile apps
- 🔍 Simplified underwriting: Many companies now offer no-exam policies for healthy applicants
đź“Ź How Much Coverage Do You Need?
Rule of thumb: 10–15× your annual income
But also consider:
- Debt and mortgage balance
- Children’s future education costs
- Spouse or dependents’ living expenses
- Final expenses (funeral, burial, medical)
Use a life insurance calculator or ask for help if you’re unsure!
âś… Quick Tips for Choosing a Policy
- Start early – premiums are cheaper the younger you are
- Compare quotes from at least 3 insurers
- Check the insurer’s financial rating (A.M. Best, Moody’s)
- Understand the fine print – especially exclusions and policy lapses
- Re-evaluate your needs after major life changes (marriage, kids, house purchase)
Would you like help calculating how much coverage you need, or comparing specific policy types? I can guide you step by step.