What Do I Need To Know About Term Life Insurance? 
If you are considering term insurance please ask yourself these questions . How old am I ? If I buy 20 year term now how old will I be when I have to buy another policy ? Does it meet your needs to buy term life considering the objective of the policy ? The purpose of term has always been to allow the purchaser to invest the difference between the cost of term life and permanent coverage . How much are you `` investing '' now ? Every policy you have means you are paying `` administrative costs '' for that policy . What if you have one good size permanent policy purchased at your current age to meet all your life insurance needs or can you buy a term life and then be able to meet your financial objectives and not have to buy another life insurance policy ? Finally , you need to have a personal advisor that puts your needs first and has the integrity to make recommendations based on your TOTAL financial plan and not some life insurance agent pedaling life insurance 