Join Insurance is equal with Saving

Insurance is another way to save money. 10 years ago, an insurance salesman will come to you to give your bid plus insurance, plus savings.

Premiums can be paid monthly, via debit account, or per quarter or per year, like-like. Big savings interest to claim 2% higher than normal savings interest.

Then there are rows of large numbers once, and always you will be guided to look at large numbers, in line 20 years later, and you feel very happy also to money to get money for it.

His name can be savings, can fund education, can pension funds. In principle there are parts that will be saved and within a certain period can be taken.


Five years later, this method is less sell anymore, and insurance companies to package their products in a more lucrative. No longer a savings, education funds, or pension fund but an investment. With a larger return because you are no longer put money in savings instruments that tiny little flowers. You've put your money in equities, stocks, which can provide 20% or 40% return per year. If the stock price of greatness now, yes in fact it does not matter too, his name is also a risk. Want fortunately period can not accept to lose.

Model of unit-linked insurance is far more powerful offer. With a higher return, it must be printed on the proposal numbers far greater than just savings. Well, especially if the designated number at the time you are 70 years of age, is amazing. My disagreement on how to sell such insurance anyway how much does that will take into account the cash value of the astounding number that I thought that plus insurance have advantages in disciplining ourselves to save money.

If the amount of savings was only slightly higher returns than our big annual inflation, plus insurance is enough be used as a means of saving. The things we need to realize is what we pay each month, quarter, or every year that do not all go into savings instruments.

Some signed as insurance premiums would return there if you have not already. So, you must willingly let others enjoy what you pay routine today. This, too, with restrictions, could limit the age of 70 years for example, or contractual restrictions.

But at least, if the customer or the holder dies polls at this period, and he still has a debt that must be repaid, are not necessary he bequeathed to his son's debt

Beyond that, you have a savings instrument that inevitably you have to pay continues, if you do not want to lose all your money. More troublesome indeed. But it may be an option if you are able to administer all costs and expenses to be paid regularly.