3 Things to Know About Life Insurance for First-Time Shoppers

How to Save Money on Auto, Home, Life and Medical Insurance, auto insurance, home insurance, life insurance, medical insurance

 

If you're shopping for life insurance for the first time, there are a few things you need to know.

First, you need to choose your beneficiary, the person who will receive the death benefit from your policy.

Second, you need to understand the difference between term life and whole life insurance. Term life insurance provides coverage for a set period of time, while whole life insurance covers you for your entire life.

Finally, you need to know that life insurance usually ends when you leave your job. If you want to keep your coverage, you'll need to purchase an individual policy.

With these three things in mind, you'll be ready to shop for the life insurance policy that's right for you.

 Insurance Savings: How to Save Money on Auto, Home, Life and Medical Insurance 

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