Young Generations Redefine Life Insurance According To Old Mutual

Ndadhi Ndoroma, General Manager of Personal Financial Advice at Old Mutual Namibia, notes that Millennials and Gen Z are reshaping life insurance by prioritizing financial flexibility, wealth-building, and digital accessibility. Unlike older generations, they seek adaptable, tailored solutions to fit their evolving lifestyles and economic challenges. With rising living costs and student debt, they view life cover as a safety net rather than just family protection.