By Somali K Chakrabarti
Landing with a first full-time job is an exciting and memorable occasion, no matter who you are or where you live. You’re perhaps in your twenties, recently graduated or maybe you’ve done your masters, and now you have embarked upon the professional journey. The thrill of getting disposable income in your hand makes you want to spend it lavishly. You’re in an upbeat mood, and do not you may not want to be weighed down by serious issues. Things like insurance may not interest you at the moment, rather it may seem like something that can surely be put off for a later date. But should it be?
Here are three reasons that tell you why you should buy insurance right at the onset of your career.
- Life and health insurance get increasingly more expensive with age. Insuring early in your life also means that you save money by locking in a lower premium amount for the rest of your life.
- In your twenties, your liabilities are comparatively less, and so it is easier to develop the discipline of setting aside a part of your income for the insurance premium.
- Insuring early in life makes you financially savvy, and protects your and your family’s financial interests from risks and uncertainties.
To know what covers you should opt for, kindly click the link below, and read the rest of the post.
To know about different Health covers that one needs at different stages of life, you may refer to the following article: