is life insurance a good investment?

[DebutsAndIDos]

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Not true...

I stopped paying for my life insurance and I got a better package that combined both life insurance and a pension/savings plan. If you've only payed 3 years, then you still have time. Don't think about the money you've already spent in the past 3 years. Think of the money you will be saving for the next 17 years.

Also, if you have a life insurance policy, you will not start getting dividends until the third year. At this point, whatever dividends you earn will not make a difference in your premium. It's a waste to use your dividends on your premium this early because you lose out on the compound interest.

My advice to you... reevaluate! If you have to, stop paying and get a better plan! But shop around first.

[pitsay]

It sure is... just don't know how to explain it. Trust me I am no good when it comes to money matters. And so they helped me out.

I recommend you to my insurance agent... If you're scared na balik²an mo, don't be! D sila ing.ana. If dili ka nahan, then d ra pod sila. Unlike sa uban na samok kaayo. Maulaw man gud sad ta m.abog gud.

Here's a contact number 0922-5981639.

Please no bogus txts or calls.

[MOWGLI]

benefits-wise, nindot man jud ang insurance....pero you just have to give up someting pod lagi....if you can afford it and you are patient enough to wait, you surely will enjoy the fruits of it. it is all a question of finances plus attitude.

[pitsay]

that's right!

But then again, you need to study w/c insurance company works for you... there

[Sovabon]

Is life insurance a good investment? No! It is for the dependents who will be left behind by the plan holder. You being the investor will no longer benefit it. Othres said that getting the life insurance means the plan holder starts digging his grave.

It is better to go for the Pension Plans.

[pitsay]

In a negative way, yes! It will not work for selfish people.

[Sovabon]

I am only presenting it the way that question is raised. Let us not take it literally and generally. Peace to all.

[pitsay]

The main reason for life insurance is to provide income replacement to your beneficiaries if you die. But if you are interested in estate planning, cash accumulation, wealth transfer, and estate tax liquidity, life insurance can also help you achieve these goals.

The main types of life insurance on the market today fall into two categories: term and permanent.

Put simply, term life insurance provides death-benefit protection for a specified period of time (for instance, you might buy a policy that has to be renewed in two years). Generally speaking, if you're looking for coverage for a short period of time, term life makes more sense.

But if you are looking to have a policy for the rest of your life, or have investment goals, permanent insurance is a better fit. All life insurance policies will require that you meet certain medical criteria.

:mrgreen:

[pitsay]

@bemboy: Thank you for showing interest. I feel that you have a good heart in helping people and that way, you can always earn through us as well. It would be best for us to meet so i can bring you in our office and we will be able to talk about it more.

I am working as well so we need to set our appointment with our best schedule.

We will be happy to tell you more about it.

:mrgreen:

[jhiade]

DebutsAndIDo...you might want to check what pitsay have...nindot ang iya business...i also checked on it and i can see the benefits and opportunity is actually good... you help people, build your team with their support and earn...what do you think?