I want to buy a life insurance but I do not know how to chooce one. I am 53 years. Can you suggest the insurance that I need.
SAVAGE SAYS: Why do you want to buy life insurance? Who would be the beneficiary – the person who gets the money when you die? How old is the beneficiary, and how long would he/she need this coverage on your life? Are you in good health? Write back with the answers and I can point you in the right direction. Or go to www.TIAACREF.org — and read the series of columns I just posted there, which will give you some perspective on your question.