Probably a good analogy for this type of insurance is that it is insurance plus a bank savings rolled into one product. The thing about insurance though is that you’ll never know if you’ll need it until you actually do. The type of insurance one would need depends on personal preference. We are buying insurance we are buying peace of mind—our plan B. So there’s the ordinary life insurance.

Source: Manila Times August 05, 2016 15:00 UTC