Life Insurance – Is It Really Worth It?

On June 25, 2013, in Uncategorized, by Kesh Thukaram

I always used to wonder whether paying a hefty premium for life insurance is a good idea. Granted some of us need to buy life insurance as it is mandatory under our loan agreement with the lender or comes as an add-on with our credit cards and in some instances is provided by the employer and deducted from the salary saving us a bit in our income tax. But I was wondering whether there is any value for those of us who buy life insurance paying month after month and not knowing whether it is of any real significance.

The Whole of Life insurance is slightly different as there is a pay-out at the end and if there is an investment option tied to it, then you have some more money coming back.… Read the rest


On most days, I have at least 2-3 customers asking me this question – which one is more suitable for me – Short Term Accident and Sickness Insurance or Long Term Accident & Sickness Insurance.

The differences might seem pretty obvious as both short term means that it is a short term policy and long term means it is a long term policy. Unfortunately there is more to it than just the length of benefit period. Very often we have to ask the customer as to why they are considering to buy these policies and see what is their core underlying reason rather than trying to decipher which product is suitable based on high level benefits.… Read the rest