Be smart in buying Life Insurance, you should only buy the unbundled one, it is called the Term Insurance.
YouTube - Susan Orman on Life Insurance
YouTube - Dave Ramsey on life insurance
Buy Term insurance and you invest the difference directly into stocks or mutual funds.
We don't need life insurance whole life, we need it temporarily while we are still accumulating our savings line. Buy Equity 20 Level Term insurance. Wan't to know? PM me. You could already have 1M Face Amount with only 7K+ annual Premium at age 24.
Sad to say our country is 30 years behind in terms of Life Insurance literacy compared to the US.
I just got my LIA Accreditation and Non-Medical Authority.
Theory of Decreasing Responsibility - Wikipedia, the free encyclopedia
From our X-Curve Concept in IMG:
We need Life Insurance the most while we are still young and have higher financial responsibilities and less savings and investments. But Through time our Money line should increases so that we will become self-insured and If we already have big savings and big investments, we don't need Life Insurance anymore, we already let money work for us.
Life Insurance Provider : Cocolife - United Coco Planters Life, we will help our very own Philippine based company. Buy Filipino, we will compete foreign Life Insurance companies. T_T!
: We only distribute Term Insurance, exclusively in IMG