Things You'll Need:
- Term Life Insurance
- Insurance
- Whole Life Insurance
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Step 1
Determine how long you want your life insurance coverage to be in effect - for example, from now until your children finish college, or throughout your life.
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Step 2
Buy a term (fixed-length) contract with an increasing premium (annually renewable term, or ART) if that length of time is less than four years.
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Step 3
Buy a term contract with a level premium if you need coverage for a longer time (5, 10, 15 or 20 years).
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Step 4
Buy a permanent (lifelong) contract if you wish to provide a death benefit for your beneficiary no matter how long you live.









Comments
choicearizona said
on 2/8/2008 http://www.arizonaautohomelifeinsurance.com/builderarizonacc/Peoria/index.php
I would suggest people not rely soley on group insurance. You will lose that at some point (in most cases). Look at UL with a guaranteed death benefit, or a whole life policy. If you must buy term, balance it out with some permanent insurance too.