Why Anupam Mittal’s Advice on Term Insurance Is a Wake-Up Call for Gen Z
Would You Ignore Investment Advice from a Shark Who Knows Money?
When a seasoned entrepreneur and investor like Anupam Mittal—founder of Shaadi.com and a Shark on Shark Tank India—talks about financial planning, people listen. But this time, his message wasn’t about startups or investments. It was about something far more personal—life and death.
A Shocking Reality Check
In a recent LinkedIn post, Mittal revealed that between 2019 and 2022, he lost seven friends—all young, seemingly healthy individuals. No warnings, no second chances. Gone too soon. And yet, most of us still believe, “Mujhe kuch nahi hoga.”
But what if it does?
Term Insurance: A Safety Net, Not an Expense
Anupam Mittal made a simple yet powerful comparison—term insurance is like a seatbelt. You don’t wear one because you expect a crash; you wear it because you’d be foolish not to. Similarly, term insurance isn’t for you—it’s for the people who’d be left behind, trying to figure things out if the worst happens.
Yet, most young people either ignore it or delay it, thinking they have all the time in the world. The harsh truth? Life doesn’t work on our timelines.
Why Gen Z & Millennials Need to Pay Attention
With rising cases of sudden heart attacks, accidents, and unpredictable health issues, financial security isn’t just about investments—it’s about protection. If you have dependents—**parents, siblings, or even future family responsibilities—**a term insurance plan ensures they aren’t left in a financial crisis if something happens to you.
And here’s the best part—it’s ridiculously affordable when you’re young. The earlier you get it, the lower your premium.
Final Thought: Don’t Gamble on Life
If a successful entrepreneur and investor like Anupam Mittal sees value in term insurance, shouldn’t we?
We insure our phones, cars, and even vacations. But what about insuring our own lives?
You wouldn’t drive without a seatbelt. So why risk your family’s future? Plan smart. Get insured. Because while we can’t predict life, we sure as hell can prepare for it.