What Life Insurance Is Best For Me?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    The life insurance that is best for you depends on your income, your needs (e.g. if you need it for a funeral or you need it to pay off a mortgage), your health, and your age, among other things. No one policy is best for everyone. If you are told that, that is a clue to do some shopping around. A good agency that sells multiple products can help guid you to the life insurance that is best for you.
    Answered on May 13, 2013
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  2. 7647 POINTS
    Mark Bartlett CLCS
    Branch Owner, TWFG Insurance Services, Fremont California and the Greater Bay Area Representing Dozens of Insurance Carriers
    To determine what life insurance is best for you I highly recommend you sit down with a life specialist to reivew your potential needs. This is a very important decision that should not be taken lightly. The importance of life insurance is to make sure it is there for your loved ones in the unfortunate event of your passing. Call your local independent agent who can review your specific needs and who works with multiple life insurance companies.
    Answered on May 13, 2013
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  3. 4249 POINTS
    Gary Lane
    President, Lane Independent Agency, Southern California
    What do you want to achieve in buying your life insurance? Do you want strictly a death benefit? Do you want to build cash value that you can draw against? Do you want to be able to pay for chronic, critical or terminal care, such as long term care or disability, or cancer? Some policies deal with one of these, some with a few, some with all of them. I personally recommend the policies sold through Premier Financial Alliance from National Life Group. They provide full living benefits, with the longest term payouts and the highest grossing growth, since they are tied to the stock market when it goes up, but untied when the market goes down. See your agent. GARY LANE, garylane@cox.net, 714 422 9616. Thank you.
    Answered on April 15, 2015
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  4. 1976 POINTS
    Ronald Hinch
    Regional Marketing Director, Capital Choice Financial Group,
    The amount of life insurance protection an individual needs is determined by the debt he or she has, income, mortgage, and if there is college for kids in the future. Now, the type is always the same. I recommend level term 100% of the time to my clients. It is much cheaper allowing the client to cover all at a low cost. With whole life protection there are gaps in coverage that are not covered. Also, I help my clients pay off their debt and mortgage along with investing for the future. This reduces the need for any life insurance over time. It is the right thing to do!
    Answered on April 14, 2016
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