It is a known fact that the economical active population, all over the world is being squashed into a Phenomena that will be felt over Generations.
Daddy and Mommy are looking after their children for raising them the best they can...and also
within their own financial means. Mommy and Daddy unfortunately, also have to look after Grandpa and Grandma.(Only 4 % of all Retirees are self-sufficient)...and especially supplementing their pocket on Medical Expenses.
This phenomenon is being called
the Sandwitch Generation...and the effect it has on Mommy and Daddy's financial planning is vast, unless they discuss this with their Financial Advisor.Please see that you have this discussion with your Advisor with regards to "INSURABLE INTEREST" that you
may have in Grandpa and/or Grandmom...and see that this issue is still discussed with your advisor, while they are STILL INSURABLE...
Also, with this in mind, there is NO BETTER INVESTMENT THAN a Life Assurance Policy on someone Else's Life...as long
as it is correctly designed.