+2 votes
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While I was still working I had three insurances aside from my work insurance. These insurances are for my wife, my youngest son and myself.

It is for 20 years endowment plan. Every 5 years we receive a proportionate sum of money for our return of investment of investment. 

When 20 years were paid up, we received a good ROI for each of us.
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7 Responses

0 votes
That is really good for you . I have not taken any insurances yet . 
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0 votes
I don't have an insurance plan because in the past years there were problems with insurance companies that didn't pay.
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0 votes
Oh no i don't have any kind of such plans and not any wish to buy premium of insurance in future too 
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0 votes
Yes, I had a plan and I get it matured and got it encashed some five years back! That was also a endowment plan for 25 years!
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0 votes
This is very nice. Yes I have put this in place. Though I haven't started enjoying any dividends yet. I want to be able to do this for my children too.
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0 votes
I have not signed up for insurance plan.. and the thing is that there would be getting the monthly or the yearly payment would be good. 
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0 votes
I have never bought an insurance plan, which is technically legalized gambling at best 
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