What Are The Advantages And Disadvantages Of Life Insurance? 
What are the advantages and disadvantages of life insurance ? The advantages of owning life insurance are many as others have already noted . So I will focus on the one advantage life insurance has over any other product or investment option . Life insurance is the only product that instantly creates a pot of money upon the death of the insured . No other product can do this . Every other choice , the money has to be in your account in advance . The biggest disadvantage to owning life insurance is that it is a boring product that simply does it 's job . You will not impress your friends or others at parties when you talk about the performance of your life insurance plan.Cheers . 