All around the world, insurance agents have thrived on the ignorance of consumers. They used the risk of premature death to get consumers to part with a large part of their savings to be invested to get a poor yield. The consumers are not aware that they can buy term insurance to cover the premature death for 7% of their savings and invest the 93% to get an attractive long term yield. Buy putting their savings with the insurance company, they stand to lose 40% of their savings. The difference of 33% make the insurance agent a top income earner and give a lot of profit to the life insurance company - but make the ignorant consumer that much poorer. The insurance agents are trained to tell all types of stories to get consumers to part with their savings in a low yield policy, such as insuring the child, protection ......