Nowadays, many people begin to register their selves and their family in life insurance. Actually, not all people want to join in a certain insurance company. It happens because they think that their money will not be returned again. Therefore, some people do not want to register their selves in certain insurance whereas there are some benefits that people can get if they join life insurance.
Actually, there is no person who wants to get accident or other unexpected incidents. This life insurance will responsible to the customers who have already pay certain numbers to that company. We can assume that we are saving our money but we save it in insurance company. If you get accident, the insurance company will pay your hospital cost till you heal from your suffer. It means that, if someday you do not have money to pay the cost, you still have money in insurance. Then, the insurance company will manage it for you.
However, some people argue that this life insurance is the same as life bet. It happens because if you as the insurance user suddenly pass away, the insurance company will give your family money. That money is called as compensation. Therefore, the life of someone will be changed by money easily if someone registers his or her self in life insurance.