If you're shopping for life insurance or know that you need life insurance protection for your family, you may want to learn a few important things about the coverage you'll be buying before you make your purchase.
For instance, do you know what type of life insurance offers the lowest rates? Or, how long term life insurance lasts?
Do you know how much tax is paid on life insurance proceeds, if any?
There's a lot to consider before purchasing a life insurance plan.
Make sure you take this term life insurance IQ test which only takes a minutes, before you shop for your policy. It will help you better understand your options.