What Is The Best Life Insurance For My Parents?

The best life insurance for your parents will depend on what your goal is for your parent’s life insurance coverage.

If your parents need short-term coverage to provide security to pay off a home loan, then a level term life insurance policy may be a good option.

If your parents need lifetime coverage to provide for their final expenses including funeral and burial costs, then a permanent life insurance policy may be right for them.

Here’s how you can compare life insurance plans for your parents.