Before choosing a life insurance plan you may want to consider the following questions to assist you in choosing the right life insurance:
1. What is the AM Best financial strength rating of the life insurance company?
2. Are the rates for your life insurance coverage guaranteed not to increase?
3. Will this life insurance policy build up any cash value over time?
4. What happens when the terms of the term life insurance policy ends?
5. What riders for additional coverages are available for this life insurance policy?
6. How do I borrow cash from this life insurance policy?
7. What life insurance policy offers the best rates for my health?
8. May I also get life insurance coverage for my spouse?
9. What if I want to discontinue this life insurance policy in the future?
10. How much money can you afford to spend on your life insurance?
11. What goals do you want your life insurance to accomplish?
There
are many other questions you could ask, but these are some of the most commonly asked questions about life insurance.
Before starting your search for life insurance consider how much life insurance you really need, and what type of life insurance may be right for you and your family.
Here is a life insurance calculator that will help you decide how much life insurance is right for you.
