If you're shopping for a term life insurance policy there's some questions you should consider before choosing a policy.

Getting answers to these questions will help you to better understand your life insurance coverage and choose a plan that meets your specific needs:

1. What is the premium you will pay for the term life policy?

2. How long will the premium remain the same - for how many years?

3. How much life insurance is provided by the policy?

4. Will the amount of life insurance provided ever decrease and when?

5. Can you renew your term life policy when it expires?

6. Can you convert the term life policy into a permanent life insurance policy?

7. What is the financial strength rating of the insurance company?

Here are some more term life insurance questions to get answered before choosing your term life insurance policy.