1) Life insurance prices depend on many factors. Even the amount you can get is dependent on your income and assets. It really helps to have a great agent to help you sort out the options. As someone who has sold thousands of policies over the last decade, I don't know how people wade through all this information without help. Or why they would want to.
2) It is important to look at guarantees. In this economy, my advice would be, wherever you can get a guarantee, take it.
3) You have to keep an open mind. If you go in thinking you want a certain type of policy at a certain price, you may find that you don't even qualify for that type of policy. Your beneficiaries may end up with nothing if you don't keep an open mind.
4) Life insurance pays. Life insurance companies are very secure and nearly all life insurance policies pay the death benefit.
5) If you can't afford it, you won't keep it. If you won't keep it, your life insurance won't help anyone. So buy affordable life insurance that fits your budget.
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1) Life insurance prices depend on many factors. Even the amount you can get is dependent on your income and assets. It really helps to have a great agent to help you sort out the options. As someone who has sold thousands of policies over the last decade, I don't know how people wade through all this information without help. Or why they would want to.
2) It is important to look at guarantees. In this economy, my advice would be, wherever you can get a guarantee, take it.
3) You have to keep an open mind. If you go in thinking you want a certain type of policy at a certain price, you may find that you don't even qualify for that type of policy. Your beneficiaries may end up with nothing if you don't keep an open mind.
4) Life insurance pays. Life insurance companies are very secure and nearly all life insurance policies pay the death benefit.
5) If you can't afford it, you won't keep it. If you won't keep it, your life insurance won't help anyone. So buy affordable life insurance that fits your budget.