Life insurance How to buy your life insurance

Augusta

VIP Contributor
Has you have come to know about thehe benefits of having a life insurance policy and you are ready to go for it. You might need the accurate information on how to go buy it. Follow the below steps:

You need to be sure firstly that you need a life insurance policy

Then try to Know how much you would need for the life insurance policy

Check out the life insurance that will fit your needs could it be term or whole life policy

You need to be sure if you wouldn't need to add riders to your life insurance policy

Then shop around for the company to use

Determine and discuss how you intend to be paying the premium instalmentally or annually

Then tell your beneficiaries about your life insurance policy

What do you think?
 

Mika

VIP Contributor
You have explained, "how to buy your life insurance." But have you actually bought a life insurance policy? I have bought a life insurance policy. The first thing to consider while buying life insurance is the coverage and the benefits, the second thing you need to consider is the term, the third thing you need to consider is how much will be the premium if you insure for x amount.
 

Augusta

VIP Contributor
You have explained, "how to buy your life insurance." But have you actually bought a life insurance policy? I have bought a life insurance policy. The first thing to consider while buying life insurance is the coverage and the benefits, the second thing you need to consider is the term, the third thing you need to consider is how much will be the premium if you insure for x amount.
Yeah you have listed yours. Which I believe we are on the same page. The thing is just to find out all your personal questions that you believe you should know and research other details too. Finding out the premium on time is of utmost importance to know if you are up to it.
 
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