In a word (or two): term life! It’s the only way to go if you want to be smart, save money, and truly provide yourself and those you love with long-term peace of mind.
Here’s why I love term life insurance. Like I’ve been saying:
It’s usually the lowest-cost type of life insurance you can buy.
It does the one thing life insurance is supposed to do: replace your income when you’re gone.
It’s a proactive way to take care of those you love today, so they don’t have a financial burden after you pass.