1. I’m not a lover of Life Insurance policies as they hardly give any return. I’ve my own insurance and my wife too has this. But I’ve bought any LI for our four year old son as this is meaningless for him or even for us. God forbid, if something untoward happens to our son, we will definitely not going to use that LI money for funeral. We have much resource to finance a funeral. I agree with you completely that investing in stock market and creating a corpus for our son’s good future is more meaningful than investing in Life Insurances. I’m used to investing in stocks but not all people can park their money in stocks because of their less knowledge on the market and individual stocks. So, I think those people who have good knowledge about stocks can surely invest in stocks but not those people who hardly have any knowledge about them. Thanks for writing such a good and informative article. Enjoyed it thoughly.