insurance provides certain benefits for certain ppl la....

It's a product designed for different needs. Just that some agents oversell.

The basic protection policies are all needed, If u have a kid and u want to secure his education fund, some of the plans make sense also. If u are looking for income, there are funds for that as well. There may be better investment vehicles out there, but its not an all out scam.

The problems may be some of the agents as well.