Thursday, November 22, 2007

Buying life insurance: A Shopping Checklist

When shopping for term life insurance, you want to find the right amount of insurance coverage at a reasonable price with a company you can trust. But for many people, getting started is the hardest part. That's where the following Life Insurance Checklist can help. 1. What you would like your policy to achieve? Ask yourself what it is you want your life insurance to do. For example, do you want to have insurance coverage that will: • Pay funeral arrangements? • Pay the outstanding balance owing on a mortgage and other debts? • Offset the loss of your income? And if so, for how long? • Contribute to the future education of your children? • A combination of all or part of the above? Knowing what you would like to accomplish with your life insurance policy an View the rest of this article


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