Image - 28 June 2018

Millennials Insurance Gap - Factors contributing to the need for life insurance

License:: Media Use
The content may be downloaded by journalists, bloggers, columnists, creators of public opinion, etc. It can be used and shared in different media channels to convey, narrate, and comment on your press releases, posts, or information, provided that the content is unmodified. The author or creator shall be attributed to the extent and in the manner required by good practice (this means, for example, that photographers should be attributed).
By:: Discovery Life
File format:: .png
Size:: 1026 x 584, 151 KB

Download

Topics

Finance

Contacts

Felicity Hudson

Press contact Head of Reputation Management Discovery Group media_relations_team@discovery.co.za 0115294514

Nthabiseng Chapeshamano

Press contact Senior Reputation Manager Discovery Group Sustainability, Discovery Green and Discovery Insure nthabisengc@discovery.co.za

Zeenat Moorad

Press contact Senior Reputation Manager Banking | Vitality | Sponsorships zeenatm2@discovery.co.za

Karishma Jivan

Press contact Senior Reputation Management Consultant Healthcare & Sustainability karishmaj2@discovery.co.za

Lianne Osterberger

Press contact Senior Manager: Media Relations and Reputation Management LianneO@discovery.co.za 083 27 27 313

Hannah Newbold

Press contact Reputation Management Consultant Insure & Invest hannahn@discovery.co.za

Millennials face a demonstrable insurance gap of R15 trillion

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.