What's the best life insurance if something happens to me?
Before choosing a life insurance plan, make sure you consider your needs, and how long you may need life insurance, as well as, how much life insurance it will take to protect your child.
If you are on a budget, you may want to consider a 20 or 30 year term life insurance policy. This will offer the most life insurance coverage at the lowest price.
In addition, you may want life insurance on both you and the father of your child, to protect your family in case either one of you were to pass away. Since term life is the most affordable type of life insurance plan, you may be able to afford policies for both of you.
The reason term life costs so much less than permanent life insurance is because it's temporary, for a set period of time, and there is no cash value inside the policy, it is not an investment, but pure life insurance protection, which is what you need to protect your child.
Here's how you can get a free life insurance quote from an "A+" rated life insurance carrier and find out how much a term life insurance plan may cost.
It's important to find an insurance company with a high financial rating, because this is an indication of the insurer's ability to pay their claims, and meet their financial obligations. You want to choose a life insurance company that should still be around to pay the death claim if you die.
Learn more about how term life insurance works and how yo can compare plans.