Before buying a life insurance policy ask yourself what you want the life insurance plan to accomplish?
Make sure you consider how long you will need life insurance, how much life insurance you need, and what you can afford to pay?
If you life insurance needs are for a period of 30 years or less, then a term life insurance policy may be a good option to consider since it offers the lowest rates for temporary life insurance protection.
If you need lifetime coverage then a whole life insurance policy can provide the protection you need with guaranteed level rates for your entire lifetime.
Also, keep in mind, you have the option of buying both types of life insurance if you choose to do so.
Here is more information on whole life insurance versus term life insurance and how they compare.