My family has been part of the insurance business for almost my whole life. I have witnessed all the changes from plain old simple insurance with guaranteed returns to the newer version with return of investment based on the market's performance. I am aware that in countries such as the U.S. and UK, insurance is a basic part of one's life. Here in the Philippines, it's still too hard to penetrate and educate people regarding the importance of insurance in one's life. I would like to know how insurance is on your part of the world and how important it is for you personally. I'd love to hear your thoughts on this.