How to find good term life insurance?

Looking to get life insurance on myself. I need to replace $70,000 per year of income in the event of my death.

I need to support my wife and 4 year old son. What type of insurance would be best?

You may want to consider a 20 or 30 year term life insurance plan to provide your family with the maximum amount of life insurance protection for 30 years at the lowest cost to you. That way, your family will have life insurance protection until your son is out grown and on his own.

If you could get a 10% return on money then $700,000 of life insurance would replace your $70,000 income for your family.

Also, you may want to consider a 20 year term life insurance policy for your wife, so both of you are protected if something should happen to either of you.

Or, if you feel you need lifetime coverage a permanent life insurance plan may be an option, but the rates for coverage are much higher than for a term life insurance plan.

Here's how you can compare term life insurance rates and plans online among leading life insurance companies and learn more about how term life insurance works.