I went down a rabbit hole recently, not one of those conspiracy theories or late-night internet binges that lead to you regretting time ill-spent at 3 am in the morning. Rather, I fell into a topic that on the surface seemed neither interesting nor appealing to me – Insurance. When I think of insurance, my first thought is \u201cwhy\u201d. Why would I, a 29 year old Pakistani male living in his parents’ house in Lahore need insurance? What utility could it possibly bring me?<\/p>\n
But as I scratched away at it, especially as to how it pertains to me, certain aspects started to make sense. Let\u2019s be real for a second. Somewhere between landing that first “real” paycheck and realizing that electricity bills now keep you up at night, we all hit a wall. It\u2019s called Adulting. And in Pakistan, Adulting is basically a high-stakes game of Ludo where you\u2019re one bad roll away from being sent back to the start.<\/p>\n
If you\u2019re a 90\u2019s kid or identify as a millennial or Gen-Z, chances are that you\u2019re finally buying your own wheels and maybe even looking at apartments that aren\u2019t our parents’ basement. We\u2019re financially independent, but we\u2019re also one “Karachi ki baarish waala khadda” or one “Lahore biker zigzag” away from a very expensive headache.<\/p>\n
Most of us hear the word “Insurance” and think of uncles in suits holding dusty folders or Manchester United\u2019s old sponsor AIG (damn that was a cool look on their jerseys back in the day). But still, no one ever explained to me what AIG did, or what insurance does. Thankfully, I researched so you don\u2019t have to.<\/p>\n