To ensure that the insurance product brings

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There are far fewer disadvantages to accumulative life insurance. The main ones include low profitability. But we have already explained this point. Another disadvantage is regular contributions. But in this case, we advise you to choose the amount of payments and the contribution schedule. It should be arranged so that these conditions do not seem excessive to you, but feasible. After all, you cannot pay at the limit of your capabilities for many years. Also consider whether it is worth taking out life insurance if your income is irregular. For example, if you receive a commission rather than a fixed salary.


Today it is there, but tomorrow it may not be there. only benefits, carefully read the terms before signing the contract. Choosing a Life Insurance Savings Plan To choose the linkedin data right insurance product, consider a number of factors. Your future relationship with the insurance company directly depends on them: Term. As already mentioned, with cumulative life insurance, policies are usually issued for a period of 5 years. But there are offers for a period of 10-20 years. Contributions are monthly, quarterly or annual. Accordingly, the more often you have to pay, the smaller the one-time amount will be - and vice versa.


Think about what is more profitable and convenient. and whether you can cope with the proposed payment schedule. Fixed rate. The level of profitability directly depends on this. NS is not such a full-fledged financial instrument. But it is important what profit the insurance company can provide. Additional options. There are useful options. They offset the low profitability. For example, some insurance companies offer clients elements of protection in case of detection of oncological diseases. That is, if a person is diagnosed with such an illness, he will receive the amount. Other companies offer regular medical examinations at the insurer's expense.