Why Young Generation Need Insurance?

5 Jun 2014

It was common difficult to persuade young generation to withdraw money to pay for health, accident and life insurance It is because they likely satisfied from the long term individual protection. Once the quote said, don't have thy cloak to make when it begins to rain, we were unable to predict what would happen in our daily life.

the young generation being advised to own an insurance because it would costs higher according older age, limited income and insufficient spending for insurance commitment may not be an reasonable excuse.

Daily life needed to spend more because of prices hike nowadays, it will effected individual's monthly saving indirectly. Therefore, insurance is an important protection for young generation for them to cope with various risks from accident, disaster and sickness, such issues that can changes personal and family life stability.

However, many young generation is still unaware of the importance to own an insurance, because they believe that more important commitment have to prioritize because they have just started work, such as car insurance, house insurance, bills, education loan, credit card and so on.

Furthermore, young age and healthy psychical is the common perception for them, they think only aged people would needed protect by insurance because they have higher possibility to fall sickness.

Such perception incorrect certainly because sickness and disaster will not happen according age, location and time. There is still many who is not knowing that insurance should purchase when they were healthy, because the one who strike by sickness or accident could cause them lost their job . 

If the young generation unaffordable to buy life insurance that needed higher monthly payment commitment, they still can start with buying cheaper like personal accident insurance. At least they got protection for themselves when driving car or riding bike on the road.

Despite, owning minimum one insurance at young age is a wise protection, because only certain insurance company will provide protection when a person reaches age 40's or health defect issues. 

The young generation should not delay longer in taking early steps for extra self protection, insurance is not a loss, it comes with purpose to protect someone's health and finance in the future.  

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