Life insurance is what we all come to think about at some point in our life. We need it to feel safe and protected, we have to have it because it is useful and it rational. If somebody asks you about the purpose of insurance, you probably won’t tell as it is like a combination [...]

One of the results of the recession has been to reinforce the tendency to opt for term insurance as the first life policy. With the disappearance of credit and the pressure on employment, people have decide to switch to prudence. That means paying down the debts and cutting back on discretionary spending. Is this financial [...]