liberty life insurance cyprus
On the life insurance policy What can be done if 60% of payments are lsot?
I have taken out an insurance policy in Cyprus, with the freedom of life and paid around $ 30,000, now tell me the total value of my policy is only 40% of this amount. And next year the recession it will be even worse. What can I do to get my money?
Lost WHERE? Payments will not be "lost". I think seriously understand how life insurance works. The main point is to pay if you die. If you are using this policy of life insurance as an investment, so the Life insurance is not a good investment. Generally, as an investment tool, it loses 90% of what you put in. The value of your policy, is what they pay if you kick off. Any kind of "investment" or "cash value" generally going to cost much, much, more, that a jar under his bed. It is time to reassess your goals. What does life insurance to do for you? If you want to pay when you die, great. If you want an investment, then you need to cancel this and buy some mutual funds, stocks, bonds, cd's, whatever. Life insurance is not an effective instrument of investment costs. As you discovered. Oh, and there is nothing to retrieve. The money was not lost. This is what the spending policy for the year.
