What kind of life insurance do I need?

Last week we talked about life insurance; what it is and who might need it. This week we’re helping you make the choice of what kind of life insurance you need. There are two main types, term and permanent. How do you decide which is best for you? It all depends on your goals.

Term Life is considered to be the most basic type of life insurance, usually available in five year increments from 5 to 30 years.

Permanent life insurance, which includes both whole life and universal life, is more expensive and lasts longer than term life.

Not sure which type of policy is best for you? Read our full article here or login and chat with a coach about your goals.