Select Term Length
How long does my family need protection?
Ask yourself why you're buying life insurance? Will that reason be present in 20 years? 30 years? Or maybe it will be gone in 5 years?
Basically buy the term length that will cover the potential time of need. DO NOT buy a shorter term than you need, thinking you can add more later!!! First of all, it costs more later, Second you may NOT qualify later.
As we mentioned earlier in this checklist; We recommend the “Term to Age 100®” or “Term to 100®” as it give you coverage until 100 years old, but doesn’t cost nearly as much as permanent life insurance. It's more than 30 year term life insurance, but what if you need insurance on year 31? Yikes.
However, it you're on a tight budget (who isn't) 20-30 year term may be your best bet, because no insurance is even worse!
