I have a husband and 3 kids and I want them to be very well covered monetarily whenever the unexpected happens.
The best life insurance policy for you and your family depends on your situation. If you have a young family and are on a budget, a 20 or 30 year term life insurance plan may offer the most life insurance protection at the lowest price, compared to permanent life insurance, which costs a lot more.
Term life insurance can provide the financial protection your family needs while your kids are growing up, and allow you to choose how long you have the coverage, whether you need it for a period of 10, 15, 20, 25 or 30 years. This flexibility allows you to tailor the life insurance plan to your family's needs.
What is the best life insurance company?
There are hundreds of life insurance companies to choose from in America. However, you may want to start with looking at the "A" rated life insurance carriers. The higher the financial strength rating of an insurer, the better able the insurer is to meet their financial obligations, and pay their claims.
What is the maximum life term I can buy?
The longest term of term life insurance is usually 30 years. That means you have life insurance protection for 30 years. If you die during this term, your family (beneficiary) would receive the death benefit from your life insurance policy. If you outlive the 30 year term, your life insurance ends.
Here's how you can learn more about how term life insurance works and request your instant term life insurance quote comparisons online from leading life insurance companies.