Here is a list of some common questions about term life you should ask before buying a policy:
What is Term Life Insurance Coverage?
It’s life insurance protection that lasts for a temporary period of time, usually up to thirty years.
How Much Term Life Insurance to Buy?
To decide how much term insurance you need, you’ll want to consider your total assets, savings, debts, income, living expenses, and future financial goals.
Use a life insurance needs calculator to figure out how much life insurance may be right for you and your family’ specific needs.
What Does a Term Life Policy Cost?
Your cost of your insurance will depend on the duration (term) of your coverage and the amount of life insurance provided by your policy.
In addition, your age and gender will affect your cost.
Also, your personal risk factors including your health, lifestyle, family health history, tobacco use, driving record, hobbies, occupation, and height-to-weight ratio, among other things.
Learn about about questions to ask for term life insurance.