Should you die before the term lapses, a set amount of money (known as a death benefit) is paid out to your beneficiary. Policygenius helps break down your options on their website, and their experts can help guide you to the right policy type for your needs. You have numerous options when it comes to buying life insurance. Consider life insurance if you have cosigned debt. It’s not uncommon for policies to last 30 years. A good rule of thumb is to purchase a policy that lasts as long as your home loan. A Policygenius life insurance policy ensures future costs are covered. You’ll have peace of mind knowing your significant other has a safety net for any future financial plans or shared debt. You might want to consider life insurance if you’re a:
Choosing a good provider for your needs is just as essential as choosing the right policy.