All Life Insurance Tips - Life Insurance?

Life Insurance?

I have read many answers about term vs. whole life insurance. Maybe I am dumb, but I am still confused with all the options and blah blah blah. Here is my situation and please suggest what I should do as far as life insurance.

Public Comments

could be a good idea to add the details on your own situation like you seem to refer to...
chk on http://www.insuranceplan4u.com
Go talk to a local agent. And rather than describing your situation - which, btw, you didn't do - describe your GOAL. What is it you want your life insurance coverage to DO for you. It's a tool. IN order to select the proper tool, you have to know what the goal is.
Look at money.cnn.com and money.aol.com. Both have a section explaining the different types of life insurance.
Term insurance is the least expensive, is temporary, perhaps while raising a family so the mortgage is paid off etc. Whole Life you pay forever. It earns interest, develops equity and will leave a large sum of money if, for some reason, you want to leave money to someone or some group. It also has a higher premium. Everyone one should have at least a small permanent policy to pay for final expense and enough term to cover mortgages and a years living expenses for your family.
OK, if he dropped dead right NOW, while the kids were young, you'd have a problem. If he waited until the kids were grown, you can go back to work - not much of a problem. Also, a good place to check is... http://www.knowledged.info/go.php?link=insurance All the best to you.
Get in touch with a local life insurance broker and they will help you understand the differences and be glad to help you find something that will fit your needs and budget. You can go to http://www.myinsurancequotes.net and fill out a quote form there. A local agent will contact you and help you through this. Good luck! Jared Balis http://www.utahinsurance.org