It’s almost the end of the year and this means for some people paying life insurance premium, especially if you signed up for quarterly payments. The other day I reminded my brother about his premium, which is almost due. There are so many kinds of life insurance as there are insurance companies. There is permanent, universal, variable or term life insurance. I am not really sure what kind of insurance I got. I just followed my mother’s advice. But I heard that pension is better than insurance. I really do not have an idea. I guess it does make sense to invest in pensions rather than insurance because with pension you can benefit from it while still alive while life insurance usually means that your beneficiaries will benefit from it during your death.


