{"id":48428,"date":"2021-07-05T14:56:02","date_gmt":"2021-07-05T06:56:02","guid":{"rendered":"http:\/\/wordpress-my-161844363.ap-southeast-1.elb.amazonaws.com\/articles\/?p=48428"},"modified":"2024-02-05T16:38:07","modified_gmt":"2024-02-05T08:38:07","slug":"prusimple-care-affordable-online-insurance","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/prusimple-care-affordable-online-insurance","title":{"rendered":"Gen Z: What Kind Of Insurance Do You Need?"},"content":{"rendered":"\"\"\n

Becoming an adult is exciting. Whether you are just starting your career, earning your first salary, or learning to live on your own, this stage of life also comes with responsibilities.<\/p>\n

You want choices but find it hard to stretch your budget to cover your daily needs as well as the responsibilities that come with being an adult like saving for emergencies, start investing and get insurance protection, all at the same time.<\/p>\n

According to a recent survey of young adults across Asia, majority of Generation Z (those born after 1997) are saving or know it is important to save for the future and they intend to invest their money. An increasing number of Malaysians are also entering the gig economy to help them achieve their financial goals while still allowing them more freedom and flexibility.<\/p>\n

If you have a part time or freelance job, it could mean less financial security because there is no steady income source. So, putting aside a large percentage of your monthly income towards an insurance policy that you need to commit for the long-term may not be possible right now, but you can still take steps to protect yourself.<\/p>\n

<\/span>You can start with bite-size insurance<\/span><\/h2>\n

If you are a young working adult, what do you need? You probably can’t afford much while building your emergency savings and investment portfolio, but you still need to learn to be a responsible adult and protect yourself.<\/p>\n

To keep insurance premiums affordable, consider paying only for what you want to protect right now. These types of insurance products that offer small-scale coverage<\/a> are also known as bite-size insurance. They are perfect for young adults who have just graduated or just started working – the Generation Z of today.<\/p>\n

What are the advantages of bite-size insurance?<\/p>\n