The Pros and Cons of Life Insurance Investment
hurammugal
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hurammugal
Ongoing, First published Sep 29, 2022
consinsuranceinvestmentlifeprosöf
We will be looking at the pros and cons of life insurance investment and how life insurance work the idea of life insurance is to provide financial support against the untimely death of the insured. On the other hand, one must pay premiums so that the policy remains active.

There are two types of life insurance:

1.    Term life insurance

2.    Permanent life insurance

Term life insurance

The first type is term life insurance as its name suggests this cover offers protection against the death of the insured for a certain period called a term. The term is usually between 10 and 30 years usually they're the less expensive option.
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