Too many young Millennials are barely making ends meet when they could be taking advantage towards building a solid savings portfolio, a life insurance policy to help fund college educations for their children but resources are limited. Again, without better paying jobs with benefits, young, now healthy, Americans don’t have the chance toward building a future when the unexpected occurs.
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Options for health insurance coverage after a job loss
Reduce insurance coverage with caution
Reducing coverage on auto insurance or other forms of financial protection may be one route consumers take to save money.
Given that unemployment is high, many Americans are trying to reduce their monthly bills. And while there are ways to obtain auto insurance coverage for lower rates, the Insurance Information Institute says consumers should be careful about lowering coverage.
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