Start with what you want to protect.
Consider who depends on you and which financial commitments would remain if you were no longer there. Your needs and budget are a useful starting point for comparing coverage.
Understand the main types.
Term life insurance
Coverage for a defined period. Review the term length, premium schedule, and what happens when that period ends.
Permanent life insurance
Coverage designed to continue under the policy’s conditions. Some policies build cash value; costs and funding requirements vary.
Questions to bring to the conversation
- How much coverage would address my family’s needs?
- How could premiums change over time?
- What exclusions and underwriting requirements apply?
- How does this compare with coverage I already have?