To meet their needs in the future , most people do with saving money .
By setting aside a portion of income for savings . The future needs for
example to children's education , medical expenses , working capital ,
buying a new car , as well as for the preparation of the old days , or
sometimes also to meet unforeseen needs . For example, a family member
is seriously ill so costly .
Often we find many people who have the belief that saving is better than
buying an insurance product , perhaps even including us , but whether
we 've realized that by having investments in life insurance savings we
will gain greater financial benefits to saving in the bank (
conventional ) and plans for the future we will be easily achieved ? To
prove this let us look through the illustration of the comparison below :
example :
Sir Jon is currently 29 years old and had one son who was 3 years old ,
he has a plan that 15 years later hoping to have enough fund of 180
million , to put their children to college. To realize this plan pack
heru monthly saving 1 million , then what would happen if in case pack
Heru he had an accident that resulted in disability or death in year 4
before the target savings achieved ?
• Savings in Bank ( conventional )
Jon died so pack the product and savings will berahkir heirs will
receive according to the amount of savings deposited by heru pack , when
the pack Heru who died at age savings - 4th year the heirs would only
receive 48 million plus interest . If the pack heru not die but suffered
permanent disability , he was the backbone of the family can not
continue to save because of difficulty making a living , even the funds
that have been collected for the purposes of education , which was
originally used for the purposes of child threatened by other more
urgent , because we can save money in the bank grab cash at any time .
And what about the plans for his lecture ? Certainly it would be
difficult to be achieved .
• Saving and investing in Life Insurance company
By the time the pack Heru death the beneficiary will receive the full
amount of bail funds listed on a life insurance policy . If the pack
heru suffer permanent disability due to an accident , then the savings
of 1 million per month which should be the responsibility of Sir Jon
will be paid by the insurance company until the contract expires as
stated in the insurance policy . If he dies the heirs will still receive
the sum assured in accordance with the insurance policy contract . For
example, 180 million ( although the number of new Jon savings pack 48
million over 4 years ) so the above illustration is clear that the ideal
pack to lecture her son Heru will be more easily achieved with the help
of insurance .
From the examples above illustrate , we can conclude that the savings
investment in life insurance benefits better protection against the
value of your money for the long term , and provide assurance to the
achievement of future plans , in addition to life insurance also gives
you a sense of security and freedom from feelings of worry if this
happens - the unexpected .