What Are Some Questions To Ask When Purchasing Life Insurance? 
Some questions to ask when purchasing life insurance are : 1 -RRB- What is the rating of the company ? 2 -RRB- How long is the premium guaranteed not to go up ? 3 -RRB- Will the death benefit stay the same for the entire length of the policy ? 4 -RRB- If the policy is permanent , ask for an illustration to show projected future cash values and guarantees . 5 -RRB- If term , ask what options you have at the end of the term -LRB- and is it convertible before the end of the term -RRB- . About what will that cost ? 6 -RRB- Is there a waiting period -LRB- graded period -RRB- ? 