Anupam Mittal Shares Personal Loss Story

Anupam Mittal, the founder and CEO of Shaadi.com, recently shared a personal experience on LinkedIn to emphasize the significance of life insurance. In his post, he reflected on how people often believe that misfortune won’t affect them until they face a personal tragedy. He recounted his own experience of losing seven close friends, all of whom passed away unexpectedly at a young age. These losses, he noted, served as a stark reminder of life’s unpredictability and reinforced the need for financial preparedness in uncertain times.

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Anupam Mittal on Life’s Uncertainty: A Wake-Up Call

Most of us walk around thinking, ‘Mujhe kuch nahi hoga.’ Even when we hear about 30 and 40-year-olds collapsing from sudden heart attacks, we assume it’s someone else’s problem. Between 2019 and 2022, I had to say goodbye to 7 friends I had known for a significant part of my life. All untimely and sudden deaths,” he wrote, highlighting how unpredictable life can be.

Mr Mittal further likened life insurance to a seatbelt, stating, “No one plans for a crash, but you’d be an idiot to hit the road without one.”

“So, unless you are sitting on a fortune, considering term insurance is not a bad idea, for your family and for your peace of mind. Because while we can’t predict life, we sure as hell can never be too prepared for it,” he concluded. 

Mr Mittal’s post has triggered various reactions from social media users. While many agreed that financial planning is essential, especially after the Covid-19 pandemic, others argued that insurance companies profit by exploiting fear and questioning their true intentions.

“Covid has taught that the most important thing in life is the health of yourself and your family! Both health insurance & term plan are important tools for an individual,” wrote one user. 

“It is indeed sad, losing lives at such young ages. Being in insurance, we understand the importance of a term plan as we have compensated millions of families with their financial loss,” said another. “A hard-hitting reality check. We often ignore the unpredictable until it’s too late,” commented a third user. 

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