RE:On Buying Life Insurance ...
by Abdul on Dec 08, 2007 02:14 PM Permalink
By buying insurance you are not betting on your death,but are trying to compensate the loss the family will suffer financially because of a event that is not in your hands.
This is not a pessimistic approach but investment against the unknown.
RE:On Buying Life Insurance ...
by rajeev b on Dec 08, 2007 11:35 AM Permalink
Life insurance is for those who have dependents and in the cause of any event/death of the person who is the earning member of the family, an amount is paid by the insurance company.
RE:On Buying Life Insurance ...
by Girish Rao on Dec 08, 2007 10:54 AM Permalink
it is not being pessimistic it is being practical and level headed. Nobody wishes to die but death can occur at any time anywhere. Insurance is a indirect way in which society provides for the family whose bread-winner has died.
RE:On Buying Life Insurance ...
by VASUDEVAN VM on Dec 16, 2007 08:21 AM Permalink
Your thinking is one of the most foolish thinking. Think the insurance is a deposit for your nearers and dearers, which they can enjoy.