In world crisis, do we need to have life insurances or educational plans?

Philippines
March 8, 2010 6:22am CST
Today, we are facing the world crisis, anything comes to have a high price, in time of surety, do we need to have any life insurances? I doubt because more companies are shutting down their business because of this economic phenomenon. Anyway, Im working in the government and all of the insurances are automatically deducted monthly but what if those companies comes to an end? Where is the best place to invest?
2 responses
@1anurag1 (3580)
• India
8 Mar 10
I think we must insured our self. there is a simple reason behind this. one is that atleast it assures us for some compensation for our bad time. in good time we dont ever care for our bad time. and bad time never comes telling about it in advance. so there is a need to do some thing already
@Sir_bobby88 (8242)
• Singapore
8 Mar 10
No we don't need it because there is no assurance.