NAIC Survey: 1-in-4 Gen Z Adults Can Define ‘Deductible’ and ‘Co-Pay’

Just 27% of Gen Z adults could correctly identify the insurance terms “deductible” and 29% knew how to define “copay,” a new survey shows.

The survey from the National Association of Insurance Commissioners also found 22% of Gen Z respondents have little or no awareness of the importance of auto insurance, and 14% have little or no awareness of the importance of health insurance.

R&I ~ MJM

RandyMarsh

Article URL : https://www.claimsjournal.com/news/national/2024/07/25/325274.htm