What To Consider When Purchasing Life Insurance? 
When purchasing life insurance , you need to consider : 1 -RRB- What type of policy you need . This can be Term or Permanent or both . 2 -RRB- Your budget . Life insurance must be affordable or it will be dropped before the time of need . 3 -RRB- Your obligations . What you want to use the insurance to cover . 4 -RRB- The security and integrity of the life insurance company and your agent . 5 -RRB- The features and guarantees in the policy itself . 