THE UNIT-LINKED INSURANCE- A FORM OF LONG TERM ECONOMIZING IN THE CONTEXT OF GLOBAL CRISIS
THE UNIT-LINKED INSURANCE- A FORM OF LONG TERM ECONOMIZING IN THE CONTEXT OF GLOBAL CRISIS

Summary/Abstract: Today, when nothing can be imagined without the insurance system, as any house, car, or credit or new life automatically involves an insurance policy, on grounds of modern thinking naturally based on the sense of prevention, education, perspective thinking and even on instinct. Taking into account the crisis we are going through, the question arises whether a unit-linked insurance policy is a good investment. If we pursue pure, immediate profitability, we can choose another investment, as the primary function of insurance is not of investment, but of protection. Unit linked is a new product that preserves its modern character on the level of global insurance, offering protection by insurance and, at the same time, the possibility to invest, thus being considered a form of economizing in times of crisis.

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