I’m a millennial, and I know, when it comes to life insurance – the majority of us really don’t give a damn.
After all, there are many other items deserving our attention and spending priorities, from student loans, mortgage payments, car loans, to lifestyle necessities like smartphones for our social networking, YOLO travels, Coldplay concert tickets and Instagram-worthy brunch places. In fact, day-to-day expenses like a cup of latte, two chap fan meals, parking, and petrol can easily set us back RM50 a day! Times are hard!
We also believe we are invincible like Superman and misfortunes will not occur to us. Seriously, wouldn’t it be super depressing to think about…DEATH at our young age? I mean, we have not even tasted LIFE to the fullest! On the other hand, on days when we do not feel so invincible, we put life insurance off because we think committing to periodic insurance premiums would add more burden on our already tight, ringgit-stretched budgets.
But you see, life can be a risky business at the best of times, and the very reasons us Millennials put off life insurance – such as loans commitments – are precisely why we need life insurance.
Getting adequate coverage to protect our dependents from the unknown and help them through an otherwise difficult time of loss is essential. After all, “adulting” means being responsible for ourselves so that we can take care of our loved ones, our assets, and our business partners.
If the unfortunate happens to you, with your life insurance payout, you could leave your semi-retired parents with enough money to pay off your home mortgage and car loan. And what if you fall sick and rack up medical bills? Your family could use the payout to cover the medical bills as well as final expenses. If you are a young father, your wife and baby girl can use the payout as income replacement if you are incapable of working due to a bad accident. To fellow entrepreneurs out there, insurance can also help the business to recover from financial losses in the event of an important employee’s untimely death.
Millennials say; “Insurance sounds like a complicated business and I don’t understand it, GAH!”
I hear you.
At PolicyStreet, we are here as your friend to make the road to coverage a little smoother, and we have just the right product to meet your needs and budget.
Introducing UForLife’s Term-Life Insurance, the simplest form of life insurance best bought by people like you and I – with temporary needs, and at our life stage when large sums of insurance are needed at a fraction of a price, for a limited period only. Instant online coverage of RM100,000 from RM9.85* per month obtained via PC/mobile in just 10 mins*, no extensive medical checkup necessary – apa lagi kita mau??
Visit www.policystreet.com, your one stop for all things insurance, for more deeds.
*Terms and conditions apply