There are several key considerations before selecting your term life plan.
You'll want to make sure you take into consideration several factors:
- How much life insurance do you need?
- What type of term life insurance policy will be best meet your needs?
- What is your monthly budget you can allocate toward paying for your life insurance premiums?
- Do you need convertible term life insurance?
- Do you need term life that is renewable?
- Do you need any additional coverage for your spouse and/or children?
- How long do you need your term life insurance coverage to last to accomplish your goals?
These are just some of the more important questions to consider before buying a term life insurance plan.