Insurance

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Have you at anytime calculated the Insurance premium for the life Insurance? If you are over 35 and taken a policy for 15 or 20 years it is likely that you land up paying more premium than the sum assured. You will also be paid bonus only for the sum assured and not for the actual premium paid by you. If you ask the Insurance company the reply you will get is that Insurance is solicitation and the premium paid is based on the age factor. Any addition to this???