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And while you might assume it costs a lot ofmoney, thats not always the case.
Why Do I Need Life Insurance?
But there are other reasons getting life insurance might make sense.
How Long Do I Need Coverage?
The next question Coarts suggested asking yourself is this: How long do I need the coverage for?
The answer to this question typically points to what punch in of coverage to begin shopping.
As people age, their need forlife insurance changes, Coarts said.
What throw in of Life Insurance Should I Have?
Now you should ask yourself this question: What key in of life insurance should I have?
Theres more than one option, each with its own purpose, coverage and other key features.
Permanent coverage is typically more expensive than term coverage.
How Will I Pay for Coverage?
Here are three questions Coarts suggested asking yourself.
Paying for life insurance during retirement may not be ideal for everyone, Coarts said.
Hows My Health?
This may be the most important question of them all.
Money doesnt buy life insurance, your health does, Coarts said.
The answers to these questions will point you in the right direction.
Some carriers are more lenient than others when it comes to health underwriting.
When it comes to life insurance, theresno one-size-fits-all solution.
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