5 insurance policies even young people should have

Insurance is critical in the lives of young adults. It can help them avoid major financial losses. Here are the types of insurance that all young adults should have and ways to save on your coverage.

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Health insurance for young adults

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If you take care of your teeth and see a dentist twice a year, your insurance typically covers 80 percent to 100 percent of preventative care.

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Auto insurance for young adults

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Young adults often forgo life insurance. Many don’t have spouses or children who depend on their income.

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5 insurance policies even young people should have

Insurance is critical in the lives of young adults. It can help them avoid major financial losses. Here are the types of insurance that all young adults should have and ways to save on your coverage.

Health insurance for young adults

It’s easy to roll the dice that you won’t become seriously ill or injured rather than pay the potentially high cost of coverage.

If you take care of your teeth and see a dentist twice a year, your insurance typically covers 80 percent to 100 percent of preventative care.

Dental insurance for young adults

Auto insurance for young adults

This ensures that if you damage property or injure somebody while operating your vehicle, the insurance can help pay for the damages.

Young adults often forgo life insurance. Many don’t have spouses or children who depend on their income.

Life insurance for young adults

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Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.

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