Life Insurance Misconception #3. Insurance Companies Go Bankrupt Very Often and you can Lose Money.

I am insured by a well-experienced life insurance company. Nothing happened to the company during the wars of the 19th century, World War I and World War II.

It did not stop working under any government or form of government.

Conclusion:

You should only trust companies with a history of at least several decades. Better if the company was founded before World War II. If it has survived such a cataclysm, it means that it really is reliable!