Only 51% of Americans have life insurance, missing out on an opportunity for generational wealth and milestone funding. Life insurance costs less than expected, with 72% overestimating the premiums. These small payments can accumulate value and earn interest over time, becoming a valuable asset for various purposes. Leveraging life insurance can fund education, weddings, or even jumpstart a business. Starting a policy for a child can lead to significant wealth by adulthood, ensuring generational wealth transfer and continuity for future generations. Life insurance is more than just protection; it’s an investment in the future.

Read more at Yahoo Finance: How life insurance can help build generational wealth and pay for milestone events