Something I have been looking into these few days are life insurance policies. I was doing research as on which life insurance policy should I take up, but most insurers' websites do not provide quotes directly so it was difficult for me to calculate whether the policy is fairly priced or not. I've made a few appointments with some insurance agents and will get direct information from them next week. But not until I stumbled upon this website called UforLife , a platform offering instant quotes for life insurance policy, insured by Tokio Marine Life. No doubt it offers one of the cheapest quotes for similar amount of sum assured, but having calculated the future values (opposite of present value) of all these monthly premiums paid throughout the years until 75 years old, I realised something... Let's look at some simple calculations I've done on Excel based on these few assumptions for simplicity sake: Assumptions: 1) Inflation rate...