What Is Life Insurance And How Much Should I Get? 
Life insurance is basically a monetary stand in when you pass away . It can be as simple as having money for your family to help pay the bills with you gone or something complex as a part of an estate plan . The two basic types of life insurance is temporary -LRB- term insurance -RRB- or permanent insurance -LRB- whole life , universal -RRB- . Which one applies to you is something one should talk with a licensed insurance agent . Every person has different needs at different stages of their life . Life insurance should be tailored and reviewed at intervals to meet these needs . The best persons to answer how much life insurance you need is you and your agent . 