What Is The Best Type Of Life Insurance To Buy? 
The best type of life insurance to buy depends on your needs and income . You can start by using a life insurance calculator found on some websites , to determine what role life insurance could play in your family 's financial portfolio . Most people use Term insurance to cover events over a limited period of time , such as getting your children through college or paying off a mortgage if the breadwinner was to die an untimely death . For events that have no time limit , such as using life insurance to pay for funereal expenses or to pass an inheritance to your descendants , permanent Life Insurance may be best . A good agent can help you translate your needs and budget into affordable life insurance coverage that will be best for you and those you are trying to protect . 