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Millennials face a demonstrable insurance gap of R15 trillion

By Janice Roberts at New Media
4 July 2018 • 1 min read

Gareth Friedlander, Head of Research and Development at Discovery Life

South Africa’s young adults could bridge the growing life and disability insurance gap by diverting a fraction of their monthly lifestyle expenditure to financial services products. According to Gareth Friedlander, Head of Research and Development at Discovery Life, it would take as little as 4.6% of the average millennial’s salary to revolutionise the insurance coverage achieved by the country’s 19 to 30-year olds. (more…)


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