Life insurance can play a vital role in the planning of one’s financial life. In this part we have described how life insurance benefits “ordinary” people, and also the many reasons for the rich to take a closer look at how life insurance could be beneficial to them.
Everything in this chapter should help you to obtain a more value-adding service and to make better life insurance decisions, but there are nonetheless three key messages we hope will stick in your mind:
We have not mentioned rules and regulations so far in this context, but as they change, it is recommended to review your life insurance once every year, to ensure that the policy still provides the optimal solution for the issues that you envisaged at the time you started the insurance. With the knowledge from this part of the text, such an annual review may be more meaningful.
We noted that certain ...