What Is The Best Life Insurance To Get?

  1. 530 POINTS
    Ms. Q. Harvelle
    Life Insurance Agent, Brokers Revolution,
    That depends on what your life insurance needs are. If you are a young working adult, consider term insurance. You can get more insurance coverage for less money. If you are older, have health issues or are a low income earner, consider final expense insurance. These are smaller whole life insurance policies that are specifically designed to just cover funeral arrangements, burial plots, caskets, etc. Final expense insurance is more expensive than term, yet still affordable in most cases.
    Answered on June 2, 2013
    flag this answer
  2. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    The best life insurance to buy is the policy that will be in force when you die.  There are reasons to purchase life insurance that has only a limited period of coverage but that should be carefully tied to the expiration of specific obligations.  While the short policies have a much lower premium, it is the whole life policies that actually payout more because they don’t expire before you do.
    Answered on June 4, 2014
    flag this answer
    3. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>