Insurance questions are quite a challenge. When it comes to life insurance, you’ll want to know what type (cash value or term), how much coverage (or whether you need life insurance at all), and how to get the best deal. Here are some resources to help you make those decisions.
How Much Life Insurance Do I Need?
The most important question in life insurance is “what if” – as in, what if I weren’t around to take care of those depending on me? This calculator helps you determine “how much.”
What Kind of Life Insurance Do I Need?
Here’s a great explanation of the differences between term life insurance and cash value life insurance (which is cheaper because it doesn’t build up a cash reserve, but limited to a fixed number of years).
How Do I Compare Life Insurance Policies?
James Hunt, insurance guru for the Consumer Federation of America offers this inexpensive serviced to help you compare policies, decide whether to change from an old policy to a new one, and get the best deal.