Why Endowment Life Insurance is the foundation of your investment

Why Endowment Life Insurance is the foundation of your investment – No other financial instrument you would not allow it . You can pick only what has already accumulated / earned. In contrast, the CNM allows you to get as much as you want (of course, taking into account your current financial ability to pay premiums ) .

Term Vs. Whole Life Insurance (Life Insurance Explained) video
In this video I will breakdown Term Life Insurance vs. Whole Life Insurance, to give you an idea of which is best for you.

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life insurance – it’s not multiplication and earnings , and the protection and creation of a ” financial safety cushion” . This is one of the most conservative investment instruments , which gives the lowest yield , but it guarantees the safety of your funds , as well as protection for your life and health.

Endowment life insurance is necessary in order to provide rapid financial assistance in an emergency . Relatives of the victims receive insurance compensation within 7-10 business days from the date of filing the insurance company. At the same time , if the deceased was a property : the car , property , bank account , stocks , etc. – then the heirs can count on getting the rights to the property no earlier than 6 months , but still have to pay tax .
Very often , especially in young families , there is a situation when the family is “hanging ” on the 20 years of the mortgage , the wife with a small child , and her husband earns and feeds the family . Imagine for a second that her husband had an accident and became disabled and can not work anymore . Question – what to do to his wife , how to be a family ? To clearly know the answer to this question , it is necessary to insure themselves . You say , duck bank for mortgages often makes insure themselves for the loan amount ! Well, the problem with loan repayments , say anymore, and then it is still a question ” to live on the family ? ” Remains .

Any competent consultant on personal finance management will tell you  life insurance – it’s the first thing to realize , after other investments .

Types Of Life Insurance Explained video
There are many different kinds of life insurance. Term Life, Whole Life, and Universal Life are just three of the most basic kinds.

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