The good, The bad of each life insurance

Did you know? The goods and the flaws of each type of life insurance

There's 5 type of life insurance with unique policy on each one.

1. Normal life insurance

• Long term, duration fee, but work for the rest of your life.
• Not much benefits, only get your money back when you're dead.

2. Temporary life insurance

• Short term, can make an agreement on your duration, kind of like a car insurance.
• Actually works like car insurance, temporary, if you're dead outside the policy time, you pay it for free.

3. Saving life insurance

• Very good for saving, can't get your money back until the end of policy.
• Low benefits, not really works as a life insurance, risks of inflation.

4. Pension life insurance

• More benefits than saving insurance, lower risks of inflation.
• Low benefits, not really works as a life insurance.

5. Investment life insurance

• High benefits in protection, like normal Life insurance, also benefits from investment.
• Investment could cost higher premium, already have higher premium than the rest.