November 27, 2006 9:42pm CST
is it really needed. we pay a lot of money one something we will probably never use. so whats your opinion. is it worth it or not?
28 Nov 06
According to me,long term insurance is not at all good. As the saying goes, "Living poor dyeing rich"....simply put, whenever we get to pay the installment we will be in some sort of difficulty.so,till the insurance matured we have to pay the installment with difficulty.Then after the insurance matures,we will be quite old and the amount we get at that time maynot be cosidered big.....so it is better to not to go for long term insurance plans...instead, you can see to other short term investment plans which looks more sensible.