Does a 25-year-old, healthy, male need life insurance? His 30-year-old businessman brother has group life insurance; but is shopping for more insurance because he is raising three young children, his wife doesn’t have a job, and they have a mortgage on their home. What key features should their 65-year-old parents look for when choosing a life insurance policy?
When buying life insurance, you will be faced with several key decisions. Being an informed shopper will help you avoid making wrong choices. Without being informed, you could end up with a product that may not meet the needs of your survivors. Eight things to consider, that will help you avoid mistakes when finding your ideal life insurance policy, are given below.
