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Millennial Insurance Gap - Irrational under-consumption of life insurance
*Assumptions: Starting salary of R20 000, in line with industry, estimated averages. Discount rate of 8%. Salary inflation of 8% with additional 10% boosts every five years for the first 20 years of the 25-year-old’s salary. 25 and 45-year-olds have the same starting salary.
Discovery Life
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- Media Use
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- Discovery Life
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