Investment Plans for Women!?


First, it was Sagicor's Total Woman now its JMMB's Her Wealth plan. Do women need a specially designed investment plan given that they are the better economizers? But let us break down the two schemes first

Sagicor's Total Woman Plan caters to today’s woman and has a different design for every stage of a female’s life. The program not only covers the primary critical illnesses that affect everyone, but it mainly includes women in the event of a uniquely female illness or condition covered under the plan.

The product offers the following 4 options which a woman can choose from.
Critical Illness and Life Insurance coverage
Critical Illness, Life Insurance coverage, and Pregnancy Complication & New Born Benefits*
Critical Illness, Life Insurance coverage, and Investment
Critical Illness, Life Insurance coverage, Pregnancy Complication & New Born Benefits* and Investment
further details on  https://www.sagicorjamaica.com/personal/insurance/individual-life/total-woman 

JMMB's Her Wealth plan is the Newer of the two they introduce a suite of financial solutions tailored for women. At JMMB, they understand the financial needs of a woman who is unique; that is why we created JMMB Her Wealth, to help make you financially stronger. The program packages together loans, savings, investments and insurance solutions, tailored to your life goals.

As an added benefit, JMMB Her Wealth also gives women access to, free quarterly wellness workshops, geared at addressing real issues that women face on their journey; free credit checks and exclusive discounts from our partners, under their rewards programme\


Now for my pound of flesh, 

In a world that moves in the general direction of equality, we must come to terms that one space that has, for the most part, remained dominated by males is now being taken by women. That is the in the field of investments, as women have up the workforce and wealth ladders it may be beneficial to provide program garnered for them. But is this a cop out? Why not allow women to gain the education in space by experience and know-how as for how it has been one for the past 100 years. To my knowledge companies have never put out a program designed for men and our needs as investors, we have to learn and strategize for ourselves. And if we share the space it wouldn't be fair to give women and unfair advantage with programs of this nature. 


Your thoughts are most welcome:

Should women be given preferential in the world of structured investments or should they be expected to fend for themselves?   


#CollegeEconomist

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