At present in this extravagant or rather an expensive era, we all have to think prudently and put a little more attempt to accumulate and invest for the future of our family. Buying an life insurance policy will not only get progress in our life style but also will confirm to be helpful at all our critical times of life. Whenever we get a chance to invest, we should not look back because investing in the life insurance policies upholds smoothness in our life. There are several reasons to invest in one of the life insurance policies like term life insurance.
The three main reasons for which I feel that we should invest is to protect our selves and our family to go through the financial crisis if we lose anything in life, to lead a tension free life even after retirement and to give our children all the luxuries which they are having today through out their life. Although many people may have many other reasons to invest in the life insurance policies. Some invest for the safety of the future, some invest because they are having much money today and they want some part of their earnings to be invested anywhere and so they decide to invest in the life insurance policy and some may invest because they do not want to be a burden upon anybody in the future for money, not even on their children.
My friend is a very rich man today all because his father had bought a life insurance policy for him when he was only three years old. By the time my friend grew up even the returns of the policy was growing up. Finally when my friend was matured enough to take of the money then his father handed him the life insurance policy which he had bought for him years ago. My friend also without any delays was regularly paying the premiums in the policy which his father had bought for him so that the returns which he could get from would continue.
Indeed he had taken the right decision at the right time and now all his medical expenses were carried by the life insurance company because he had also bought the health insurance policy earlier. This is was a good benefit for him and as the doctors had advised him for rest he could even not work much. But he was mentally in peace that he had already saved and invested enough for his family and that they could enjoy all the comforts which he had given them now even after his death.
We were not very rich and could hardly earn so that we could take care of only our present expenses. But my friend insisted me to save at least a small part of my earnings for the future. He told me to start with a small amount and then gradually when I felt that I could spare some amount for the payment of the premiums easily, then I should go in for another policy. This way my friends advised and I agreed and told him that I will try the same. I invested in the variable universal life insurance because I felt that this was a good policy and I could invest the minimum amount in it. - 16069
The three main reasons for which I feel that we should invest is to protect our selves and our family to go through the financial crisis if we lose anything in life, to lead a tension free life even after retirement and to give our children all the luxuries which they are having today through out their life. Although many people may have many other reasons to invest in the life insurance policies. Some invest for the safety of the future, some invest because they are having much money today and they want some part of their earnings to be invested anywhere and so they decide to invest in the life insurance policy and some may invest because they do not want to be a burden upon anybody in the future for money, not even on their children.
My friend is a very rich man today all because his father had bought a life insurance policy for him when he was only three years old. By the time my friend grew up even the returns of the policy was growing up. Finally when my friend was matured enough to take of the money then his father handed him the life insurance policy which he had bought for him years ago. My friend also without any delays was regularly paying the premiums in the policy which his father had bought for him so that the returns which he could get from would continue.
Indeed he had taken the right decision at the right time and now all his medical expenses were carried by the life insurance company because he had also bought the health insurance policy earlier. This is was a good benefit for him and as the doctors had advised him for rest he could even not work much. But he was mentally in peace that he had already saved and invested enough for his family and that they could enjoy all the comforts which he had given them now even after his death.
We were not very rich and could hardly earn so that we could take care of only our present expenses. But my friend insisted me to save at least a small part of my earnings for the future. He told me to start with a small amount and then gradually when I felt that I could spare some amount for the payment of the premiums easily, then I should go in for another policy. This way my friends advised and I agreed and told him that I will try the same. I invested in the variable universal life insurance because I felt that this was a good policy and I could invest the minimum amount in it. - 16069
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