They are well educated, have access to latest information and are very tech savvy. Yet, a recent survey conducted by Max Life Insurance and Kantar IMRB shows that millennials score low when it comes to money matters. Only 45% of the respondents aged 25-35 have heard of pure protection term plans and barely 17% have bought such insurance policies. “Millennials follow the YOLO (You Life Only Once) principle. They want to spend on fine dining, latest gadgets and costly garments while the need to bu ..
