Anupam Mittal, the founder of Shaadi.com, recently took to LinkedIn to highlight the significance of life insurance while sharing a PolicyBazaar advertisement. In his post, he reflected on how people often assume misfortune won’t strike them until they experience a personal tragedy.
Mittal shared his own experience of losing seven close friends between 2019 and 2022, all of whom passed away unexpectedly at a young age. He expressed how these losses reinforced the unpredictable nature of life and stressed the importance of being financially prepared for the worst. Comparing insurance to a seatbelt, he emphasized that while no one plans for disasters, taking precautions is crucial. He encouraged individuals to consider term insurance to ensure their families' financial security, acknowledging that while no one wishes to use it, being unprepared is not an option.
His post resonated with many users, sparking emotional responses and personal stories. One individual recounted a conversation with a Rapido driver who had lost his entire family to COVID-19. The financial burden from medical expenses and the loss of his business forced him into multiple jobs to support his wife and daughter. His biggest regret was not having health insurance, which could have helped him avoid financial hardship.
Others echoed the sentiment that the pandemic had been a wake-up call, proving that health and life insurance are essential safety nets. Some users appreciated Mittal’s honesty, acknowledging