Many people in today’s hectic financial environment overlook the importance of life insurance. However, it’s one financial safeguard that you can count on to take care of your family in the event of an unexpected loss. Life insurance will help ease your family’s burden by covering everyday expenses like the mortgage as well as future investments like your children’s education. Do you know how to pick the right life insurance policy for your family’s needs? Life insurance offers financial protection during those uncertain and challenging times in life, and understanding your coverage will bring you peace of mind.
Discover if a high-risk lifestyle or a bad credit score will lead to a higher monthly premium, and learn who will get your life insurance benefits when you pass away. Find out when is the best time to buy your life insurance policy. What product would work best for you: whole or term life? Which one is less expensive? Decide if your employer sponsored life insurance policy is enough to cover your final expenses, if it will leave enough for your loved ones, and if your job affects your rates.
Health I.Q. developed this life insurance quiz to help you navigate the confusing and often overwhelming world of life insurance. Armed with the basics, you’ll be confident knowing that you have the information you need to make sound, financial decisions for your family’s future. Once you know your life insurance I.Q., you’ll understand how life insurance protects your beneficiaries from financial stress.