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.
  1. 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.
  1. 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.
  1. Pension life insurance
  • More benefits than saving insurance, lower risks of inflation.
  • Low benefits, not really works as a life insurance.
  1. 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.