Do We Really Need Insurance?

In times when it seems like we are caught in the eye of a financial storm, there is no usually no incentive to take on the courage to go into major investments. Driven by fear and speculations, our rational minds are overpowered by the instinct. The same gut feel induces us to maintain a passive stance on investment offers and earning opportunities that come our way.

But we need to remember that a good investor earns whether or not the market is up or down. One just needs to be keen with citing opportunities.

True, indeed, that there is no better time to practice the investment mantra: "buy low, sell high" than today where buying low would possibly reap high returns. So in my personal point of view, I believe that it is best to invest in insurance now. Given the risks inherent not only in our lives which pertain to our mortality but also to the risks in the market, I guess it is now the time to be smarter in facing problems head on. The only financial product which can offer security at the time we need it the most is life insurance. With a minimal investment, it can offer hundred times return. And if you want to hit two birds with one stone, you'll find that the best type of insurance which you must have as a starter package is the VUL or the Variable Universal Life Insurance which is an investment-linked insurance. This is the type of insurance which can offer both living or death benefits which are both linked to the performance of your chosen mutual fund investment.

So take on our courage and beat our wings once more for knowledge and brevity is what defines an investor...