What should I consider when buying a term life insurance policy?
There are several key considerations before selecting your term life plan.
You'll want to make sure you take into consideration several factors:
1. How much life insurance do you need?
2. What type of term life insurance policy will be best meet your needs?
3. What is your monthly budget you can allocate toward paying for your life insurance premiums?
4. Do you need convertible term life insurance?
5. Do you need term life that is renewable?
6. Do you need any additional coverage for your spouse and/or children?
7. How long do you need your term life insurance coverage to last to accomplish your goals?
These are just some of the more important questions to consider before buying a term life insurance policy.
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