Life Insurance: To insure or not to insure? ~ Pinoy Reviews

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Friday, July 25, 2008

Life Insurance: To insure or not to insure?

So, you have some extra cash lying around and you're thinking, should I invest in life insurance? Some people don't think of life insurance as an investment but in the end (pun intended), it's your beneficiaries that really matters. Getting a life insurance may seem like you're just wasting away your money but life insurance nowadays have different benefits that may let you reap what you have planted even before you actually die. Some life insurance gives you a guaranteed income at the end of a certain period of straight payment while others gives you a return of your premiums, still others gives you a lump sum amount. It all depends on what life insurance company you're going to choose. So be sure to get life insurance quotes and compare your options so that you can be assured that you're investing your money wisely. Choose providers that have a good reputation and has already been in the business for some years now so that you don't have to worry about them running away with your hard earned cash.