Do you think life insurance is important?
By careguarden
@careguarden (5670)
Philippines
October 2, 2009 2:24am CST
When I was kid, when parents heard someone they know who died they always asked if that person has life insurance, so to covered all the expenses. So I thought that life insurance is for death, or like expecting for death. But I was wrong it's very important for our future, since we don't know when the angel of death knock our door. Life insurance protect our family and dependent from any medical, legal or funeral costs that they may encounter when we're gone and thus provide them enough money and to continuously receive our financial support through life insurance.
So do have any life insurance? do you consider it important in your life?
1 response
@elshaddai123 (3981)
• Kottayam, India
2 Oct 09
I am an Indian, our Father of Nation Mahatma Gandhi never took insurance on the pretext that it lessen our depenency on God. people have different opinion insurance will help a lot for poor people.
@Archie0 (5654)
•
2 Oct 09
It depends on what stage of life a person is in. It might not be important if a person does not have dependents. It will be use full for the dependents in case a person deceases. How much insurance a person needs more important. If a person is concerned about his/her dependents after his life but doesn't want to invest too much of money, term insurance are the best option. Life insurance is also a systematic way to save for future.

