Sunday, October 25

Health

Advantages and disadvantages of Life Insurance
Health

Advantages and disadvantages of Life Insurance

Life insurance is most common and popular financial products carried out by the people. There are many types of life insurances like term life insurance, variable, universal and investments; so before choosing, analyse the pros and cons. It is a yearly expense and also huge security assets to the family in case of emergency. In US, life insurance is basically taken to be an investment item for consumption. People generally invest that leads to wide hybrid investments like child plans etc. The hybrid products are found to be wasteful as separate investment is whole a lot cheaper. The life insurance companies doesn’t educate the people about the right product for the customer choice; yet each product has it’s own advantages, so choose accordingly. What are the Advantages of Life Insu...