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Millennials face a demonstrable insurance gap of R15 trillion

Millennials face a demonstrable insurance gap of R15 trillion

Press Releases   •   Jun 28, 2018 10:42 GMT

South Africa’s young adults could bridge the growing life and disability insurance gap by diverting a fraction of their monthly lifestyle expenditure to financial services products. The largest insurance gap is currently presented by millennials between the age of 18 and 30 coupled by high levels of indebtedness and low savings.