I need life insurance but I'm not really sure which type to buy.

When choosing the right type of life insurance you'll want to consider your budget, how much insurance you need and for what period of time.

However, the most important question may be How long do I need life insurance protection to accomplish my goals?

Sine term insurance is temporary, if you need life insurance for a duration of 30 years or less, term life insurance will provide you with the most affordable option.

If you need lif...
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There are many good reasons to purchase a whole life insurance policy.

For instance, many parents purchase whole life insurance for their young children. That way, the price is locked--in at that low rate for the child's entire life, and many life insurance companies will offer the opportunity to increase that coverage amount without any health questions.

Another reason to buy whole life insurance is that the policy doesn't end, so there is no way that you can outlive your lif...

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If you are considering the purchase of a whole life insurance plan you may be wondering when is the time to buy whole life insurance?

Basically, whole life policies provide you with lifetime protection and may build cash value inside your policy, but cost more than term life insurance. So,here are some reasons for buying a whole life insurance plan:

1. To provide lifetime life insurance protection.

2. To build up cash value savings inside the life insurance policy from which you may take a loan ...
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Whether or not it is smart to buy whole life insurance depends on your own specific situation, and what your life insurance goals and needs are for you and your loved ones.

If you need lifetime protection then whole life insurance may be a good idea.

If you need life insurance that may build up some cash value inside the policy from which you may take a loan out in the future, whole life may be a good idea.

However, if you are on a budget, have life insurance needs of 30 or less, or just need th...
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