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Millennial Insurance Gap - Irrational under-consumption of life insurance

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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.
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Felicity Hudson

Felicity Hudson

Press contact Head of Reputation Management Discovery Group 0115294514
Nthabiseng Chapeshamano

Nthabiseng Chapeshamano

Press contact Senior Reputation Manager Healthcare, Long & Short Term Insurance, and Sustainability
Munene Khoza

Munene Khoza

Press contact Senior Reputation Manager Vitality & Sponsorships
Zeenat Moorad

Zeenat Moorad

Press contact Senior Reputation Manager Banking & Investments
Shanti Aboobaker

Shanti Aboobaker

Press contact Reputation Manager Long and Short Term Insurance
Karishma Jivan

Karishma Jivan

Press contact Reputation Consultant Healthcare & Sustainability
Sesona Ngqakamba

Sesona Ngqakamba

Press contact Reputation Management Consultant Vitality & Sponsorships | Banking

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