the article was alright except for the skepticism. the author seems to be misleading when he says that you lose ur insurance money if u don't die within the insured period(whatever that means). i thought u got a decent return on ur insurance investments. maybe i was wrong??
RE:equivocal???
by Abi on Mar 11, 2005 04:33 PM Permalink
Hi You are right when u say insurance is a good vehicle for investment. But the primary aim of insurance is to ensure that enough money is available to the insured person during crisis.
Basically, you are asking the insurance company to bear your costs in case of a crisis. The premium that you pay is just the fee you have to pay to transfer your risk to the insurance company.
