Last but not the least, lack of awareness and proper understanding of financial risks
covered is another reason why people sometimes do not appreciate the value of term Life insurance. At times, people might not have had a very good prior experience with any XYZ insurance company. But neither all companies, nor all men are alike. The trick is to find a responsible agent who can provide the client with the best solution as per their requirements and specifications. Most experts suggest taking an insurance policy as the first step towards long term financial investment planning. Term Insurance hence is a must have necessary evil.