What To Think About When Buying Life Insurance? 
Life insurance can solve a lot of different issues . The most obvious would be to replace your income and repay debt in case of your sudden demise to protect your loved ones . Be sure to calculate all of your debt and future debt if you would like to educate small children . Next calculate at least ten times your income for your beneficiary to invest . This should in most cases replace your income by annuitizing the gains to be paid to your loved ones on an ongoing basis . The next thing to consider with life insurance is your critical needs and retirement needs . There are plenty of different types of policies and riders that can help with retirement free income , lump sum cash in case of a critical illness such as heart attack , stroke or cancer . There are even riders to help pay for a long term care situation . Because there are so many options with life insurance , I recommend finding an experienced independent life insurance broker you are comfortable with to help navigate these policies and options . A broker 's services are free in most cases . 