At times, people come across a situation where they think that the decision taken was right. Some decisions might concern financial life. Investing a significant portion of the wealth into a company, financial product or in a bank, without having a proper understanding of how does it work is a very common issue. Not to mention, in such cases, the mind is always in a dilemma or uncertainty, and it questions whether the decision was right or not. The level of confusion rises even more in case the investment is based on the long-term insurance product. This post talks about the factors that you should consider before choosing a particular insurance plan. 1. Investment Based on Needs The standard thumb rule is that the life cover South Africa or taken from any other place should always be ten times the annual income of the person so that the family is secured financially in case of any crisis. It is also crucial to keep it in mind that ...