life insurance?

Philippines
June 30, 2008 4:25am CST
Do you believe in life insurance or any pension plans?
1 person likes this
3 responses
@alokn99 (5717)
• India
30 Jun 08
I am not so sure about life insurance or pension plans the way the value of money keeps depriciating as time goes by. Just think what you could do with a $100 about 10 years ago and what you could do today. So if the returns are that good which keep upto the inflation it may make sense.
• Nepal
30 Jun 08
yes but never tried that insurance means the solution for the future happening accidents
• United States
30 Jun 08
I think people should be responsible for their bills. I don't think life insurance or pension plans are necessarily wrong but if people rely completely on them they could get themselves into trouble. People should always have a backup plan when it comes to money. It disappears so quickly.