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What Type of Life Insurance Is Best for Me?

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From Quick Guide: Basics of Whole Life Insurance

Summary: Finding a life insurance policy that is best for your needs will depend on where you are in life, what the purpose of the policy is and how much money can be used on a policy. Consider an inexpensive term life insurance policy or a permanent policy that builds cash with insight from an insurance broker in this free video on life insurance.

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By Vic Schumacher
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Vic Schumacher is part of HPE Financial Services, a brokerage insurance company representing all major carriers. He works with businesses, families and individuals, helping them to...read more

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Video Transcript

"Hello, my name is Vic Schumacher, the company is HPE Financial Services. The question today is what type of life insurance is best for me? The answer is it depends. It depends upon where you are in life, it depends upon what is the purpose of the policy, it depends on your pocketbook, how much can you afford. It depends on why do you want the policy to start with. You could have a term policy for maybe fifteen years long that would be inexpensive. You can also combine that with a permanent policy that builds cash value that might last another twenty years. So the real answer to the question is it depends upon the purpose of the policy. What I suggest you do is contact an independent broker or agent that represents a variety of companies, talk to them about what your needs are, requirements are, and have them direct you to a couple different companies. My name is Vic Schumacher, my company is HPE Financial Services, helping people everyday."

eHow Article: What Type of Life Insurance Is Best for Me?

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