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4 Answers

What is the best life insurance policy?

Asked by: in General Insurance

What is the best life insurance policy?

4 Answers

  1. Best Answer


    on Sep 10, 2011 Reply

    The best Life insurance policy is going to depend on your needs, or the needs of the individual purchasing the Insurance policy. All of the Life Insurance Policies are great, but what may be the best for one person may not be the best for another individual. There is Universal Life, Whole Life, Level Term, Decreasing Term, and others. This is where you need a good agent. You need a Life Insurance Agent that will sit down with you, and first find out what you are wanting your policy to accomplish. Secondly, the Life Insurance Agent you select should determine your budget. Finally they can explain the pros and cons of the type of Insurance that will best meet your needs. The purchase of Life Insurance can become very mind boggling at times, and an individual can be misinformed if they do not have a professional agent. My advice to all looking for Life Insurance is to find a reputable agent that can help answer your questions.

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  2. Agent


    UTFan - Independent on Nov 21, 2011 Reply

    The short answer is, the one that is in force when you die.

    How you get there can take many different paths. The most important part is to make sure that at your passing, you have the coverage you need to provide for your loved ones. Whether that is term or permanent insurance is not an easy answer. Many tv financial advisors are strong advocates of term insurance. It is great for the pocketbook now, but eventually the coverage will end. The question is, then what?

    The best answer is to discuss your situation with an independent agent that offers all types of life insurance to see what suits your needs. Ultimately, it is a balancing act of coverage amount, coverage length and affordability.

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  3. Agent


    runawaykinms - Independent on Nov 22, 2011 Reply

    It all depends on your current situation. A good insurance agent will sit down with you and discuss your needs and any medical or health concerns you may have. There are many resources out there that talk about the types of life insurance. You should read about Term life, Whole life, and Universal life insurance policies and see which one is best for you.


    Matthew Sacksteder
    Sack Financial
    2711 Buford Rd, Suite #217
    http://www.virginia-life-insurance.com

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  4. mik77 on Dec 31, 2011 Reply

    You can find some information here

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