Life Insuranse

I checking up whether to buy a life insurance policy. My co-worker persuade me of thinking of life insurance. In short, he bought a life insurance and he was asked introduce somebody.

The bottom line is that I didn't buy a life insurance policy.

There are three reasons. The first reason is, now I'm single. So, If i die, I only need the funeral cost. The second reason is, my concern is to stay in a hospital for long period. But I've bought this type insurance. The third reason is, even for endowment insurance, it is a low yield.

I almost didn't think of life insurance until now. So, This time was a good opportunity.