Protect yourself and your loved ones from life's uncertainties with AIA's life insurance and takaful plans.
Being an adult comes with many responsibilities, and some can be overwhelming. One of the most common topics that young adults avoid, is insurance. However, we are often advised by our elders to purchase insurance, especially after we receive our first paycheck. Why is insurance important, and what do young adults actually think about it?
We spoke to a group of people in their 20’s, and here are some common thoughts they have:
MEDICAL INSURANCE FROM AN EMPLOYER IS ALL YOU NEED.
“My workplace already gives me the best hospitalization plan in town. Why do I need my own?” – Jeya
YOUNG PEOPLE DON’T NEED CRITICAL ILLNESS INSURANCE.
”I only need to make sure that if I’m covered if I fall sick. I doubt I will need any additional illness coverage at my age.” - Siva
“I am young and healthy. I doubt I will get any critical illnesses at my age.”- Ying
SINGLE PEOPLE DON’T NEED LIFE INSURANCE
“It doesn’t matter if I kick the bucket. No one is depending on me to provide.” - Chong
INSURANCE IS A SCAM
“When unfortunate circumstances happen, it takes forever to claim my insurance. So why invest in nothing but a piece of paper?” - Mohan
FINANCIAL INSURANCE IS NOT NECESSARY
“I just turned 23. Why should I start investing in financial insurance?”- Muhammad
IT’S BETTER TO INVEST, THAN TO BUY INSURANCE
“I’d rather spend the extra money I have to make more money, than getting insurance.” - Aina
INSURANCE IS EXPENSIVE
“I cannot afford to take up a liability which will consume a huge chunk of my monthly income.”- Chiew Hock
The above articles are intended for informational purposes only. AIA accepts no responsibility for loss which may arise from reliance on information contained in the articles.
Rainy days, dream holidays, kids’ education, retirement - whatever you’re saving up for, it’s important that you have the right plan to start growing your nest.