As someone who have been in the workforce for a few years now, I am genuinely concerned for students who have just graduated/graduating soon.
While they are probably smarter and are more exposed to the world than the previous generations, I wonder how is the situation in terms of insurance nowadays?
Back in the days we take agents’ words at face value and believe we are indeed getting good advice. Students, please do some reading before getting insurance! There are many agents out there who are really good at giving half-truths to secure a deal. I have taken losses before in the past and so I do not wish for such things to happen to you????. There are companies like MoneyOwl (I am not affiliated nor paid to do so, but just believe in what they do) that can provide conflict-free advice and they will never push you to buy.
Even if you decide not to buy from them you learn what you need and buy from others(your friend or whoever), but at least you probably won’t buy unnecessary policies. Think about how many bbts you can buy from saving 3-5k/yr.
My only wish is that future generations of people won’t end up paying for unnecessary policies. please do university outreaches to educate our younger generation????. Alright sorry for the boring rant.
(PS: A loved one just kena from agent which really infuriated me)
(PPS: There are indeed good agents out there, but not everyone may have the luck to meet one or the ability to discern)