Quote:
Originally Posted by pauvreprince
I know that not all people need life insurance, for example those that do not have any dependents (those that depend on the person's income). Now how about rich people? Suppose I have $10 millions, good owned property, stocks and all. I have a wife + child. Should I be getting life insurance? I know that when I died, my wife and child will be well off with that money, without any compensation from life insurance.
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Look there lies a small line of difference between the well-to-do and the rich,and the rich and the wealthy.People who have enough finances will definitely look to invest on properties or other financial schemes that will provide them with high dividends within a short span of time.What really matters here is the mentality of the customer.If he wants to be safe and secured no matter if he is rich,poor or wealthy a life insurancy policy is the best thing that he can have for cover.