Last Updated on May 3, 2021
Also, don’t worry about the term life policy is temporary, you can purchase it for a term up to thirty years, which will cover enough time of your life to pay the mortgage on your house and raise the children. After that, you will not really need much coverage.
3.DON’T PURCHASE MORE LIFE INSURANCE THAN YOU NEED
Before going there and blurt out a number, make sure to calculate how much coverage you need exactly. When you pay for more than you need, then you are just washing your money down the drain.