What is good life insurance for young parents?
If you have young children you may want to consider your long and short term needs for life insurance.
Permanent life insurance can provide for your final expenses and protect you for your entire lifetime.
However, if you need more life insurance while your family is growing, and until the kids are on their own, you may want to consider a 20 or 30 year level term life insurance policy for you and your spouse.
Level term offers the lowest rates for life insurance, and allows you to choose how long you have your life insurance. In addition, term life offers an option of renewability, where you can renew your policy for another term (usually 10 years) when your term life coverage ends.
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life insurance for young parents.
