To choose the correct structure, one needs to carefully analyze the risk coverage aspect of pure insurance against the capital-building component of investment endowment insurance policies. Pure term policies are considered the simplest protection products that provide the insured with lump sum payments in case of an accident or death ensuring the ownership of the house and providing support for dependents at low cost. Mixture of the two aforementioned concepts—standard insurance and long-term savings—is characteristic of mixed private life insurance. However, you will usually need to pay higher premiums for this type of insurance. Since the Swiss laws regarding cantonal tax, inheritance, and surrender penalties vary considerably, when purchasing a policy, one needs to take into consideration not only the long-term affordability but also current security requirements. Knowing the stages of life that you are going through—such as home purchase, family establishment, and shift to freelancing—will allow you to turn your insurance policy into an effective financial instrument rather than a burden.