Think you’re too young for insurance?

Your life stretches out before you to the horizon. You feel limitless, invincible: that’s the beauty of youth! So, why should you take out insurance?

Here are some key reasons why it may be worth considering.

No one is bulletproof

Dwelling on the unforeseen is challenging – especially when life seems like an open book filled with countless unwritten pages. However, while less likely, certain health conditions don’t play by the age rulebook. 

Plus, if you’re starting to have big financial commitments, be it a mortgage or personal debt, it’s important to think about what would be of these if something happened to you. An appropriate insurance plan could be the buffer providing your loved ones’ financial stability.

The younger, the lower the premiums

When it comes to personal insurance, age influences premium levels. This means that, the younger and healthier you are, the more likely you are to secure comprehensive insurance coverage at comparatively affordable premiums. And this is not all…

Your future medical conditions will likely be covered

By getting personal insurance now, you can ensure that any health hiccups later on won’t affect your ability to get cover (provided the policy remains active, of course). 

This is because only your current medical conditions and health history are taken into account when you apply. Once you’ve locked in a policy, the insurer typically won’t revisit your health status for that specific cover, meaning any future health issues will be covered.

Peace of mind across ages

Think of insurance as a ‘mental comfort blanket’. Knowing that your financial life is protected from the unexpected can ensure a smoother ride for you and your family, no matter the bumps along the way.