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On Stuff That Matters
On Stuff That Matters
Insurance
Video — 7 Questions To Answer In Choosing Life Insurance
53 seconds
If you are considering life insurance, determine your answers to these questions in order to compare policies. One, what's your current health status? This may include both personal and family health. Two, How long will you need life insurance coverage? Three. Do you need extra help with your expenses while you're still living? Do you have any dependents who will need financial assistance once you are gone? Five. What final payout amount do you want? Six. Can you switch from a term policy to a full life policy? And of course, seven. How much can you afford to pay for regular premiums?