Life insurance may not be the most profitable investment available, but it is rarely bad one either. If you measuring an investment only in the amount that you get in return, Life insurance may or may not be a good investment. When you are planning to buy a life insurance policy, understands that you will pay your survivors with the same money. If your family is guaranteed to get more than the money that you spend then , life insurance is a good investment. If your family will get less, it's not a good investment.
However, life insurance is much more than seeking for profitable return on investment. Life insurance also offers protection for your dependents and peace of mind that your family is better taken care of.
If you are looking for a pure return on capital, you will find many more lucrative investment, even tax-deferred or taxfree advantages. The primary function of life insurance is not as an investment but as a protection. No other investment cCan offer the same degree of protection for your family.
However, life insurance is much more than seeking for profitable return on investment. Life insurance also offers protection for your dependents and peace of mind that your family is better taken care of.
If you are looking for a pure return on capital, you will find many more lucrative investment, even tax-deferred or taxfree advantages. The primary function of life insurance is not as an investment but as a protection. No other investment cCan offer the same degree of protection for your family.
No comments:
Post a Comment