Say goodbye to my expensive life term premium that I applied for in an established insurance company 20 years ago. It started with only $86 a month and every 5 years, the cost of the premium will renew and increase tremendously. Now my life term premium cost $130 and my coverage is only $40k, the same as 20 years ago despite the premium increases. Perhaps this is due to financial advisors are getting their commission for their daily needs, thus aiming their targets such as Million Dollars Round Table Award. The only positive thing is they are high efficiency for their services if you need their advice or helps. Ever since I was introduced to FWD insurance, I find out that their life term premium and other insurance plans cost 3 times lower than other insurance companies. The claim is easily much easily now. So which insurance company is more suitable for you. It all depends on an individual’s needs.