A good life insurance policy is one that provides you with the coverage you need at a price you can afford. There are many factors to consider when determining how much insurance you need, including your age, health, family history, and lifestyle.
There are a few different types of life insurance policies, and the one you choose will also affect how much it costs. Term life insurance policies provide coverage for a specific period of time, typically 10, 20, or 30 years. Whole life insurance policies provide coverage for your entire life, as long as you continue to pay the premiums. Universal life insurance policies offer more flexibility than whole life insurance, but typically have higher premiums.
Life insurance premiums are based on a number of factors, including your age, health, and the type of policy you choose. You can get an idea of how much a life insurance policy might cost by using an online calculator, or by contacting a life insurance agent.