I want to get life insurance but I'm not sure how to find the right policy.

How do I choose the right life insurance of me?

When shopping for a life insurance policy there are several things you'll want to consider before choosing a plan and carrier.

First, ask yourself these questions:

1. What goal do I want my life insurance policy to accomplish?

2. How much life insurance do I need?

3. How long do I need life insurance?

4. How much can I afford to pay for my life insurance?

Then, you'll want to understand the two basic types of life insurance: Term and Permanent.

Term life insurance is temporary providing life insurance for a period of up to 30 years.

Term life is pure life insurance protection with no investment component, just life insurance. That's why it costs so much less than permanent life insurance which provides guaranteed lifetime protection and builds up some cash value inside the policy over time.

So, if you need life insurance for 30 years or less, term life may be right for you. You can choose a policy term of 10, 15, 20 or 30 years.

If you need guaranteed lifetime protection, then permanent life insurance may be right for you.

In addition, you can own two or more life insurance policies to meet your life insurance needs for the short and longer term.

Also, consider the financial strength rating of the insurance companies. A financial rating is an indication of how financially secure the insurance company is, and its ability to pay its claims.

When comparing life insurance quotes online, your quotes will show not only the best prices but also the financial strength ratings of the insurance companies quoted. The higher the rating, the better the insurer's financial strength and security.

Here is a checklist for buying life insurance to help you in choosing the right life insurance plan.