Life Insurance Overview: A Simple Guide to Finding the Right Coverage
Choosing the right life insurance company doesn't have to feel overwhelming. The right policy depends on your age, health, financial goals, underwriting, and who you're protecting.
Start Here: Main Types of Life Insurance
Whether you're protecting your family, funding a business, or building long-term savings, understanding the core types of life insurance is step one.
Term Life Insurance
Affordable, temporary protection. Best for:
- Young Families
- Mortgage Protection
- Income Replacement
- Budget-conscious shoppers
Get the most coverage for the lowest cost. Learn more about term life insurance.
Whole Life Insurance
Permanent coverage that builds guaranteed cash value. Ideal for:
- Legacy Planning
- Estate strategies
- Fixed Premiums
- Building Long-Term Savings
- Dividend potential
Explore whole life insurance options
Universal Life Insurance
Flexible policies with adjustable premiums and death benefits. Includes:
- Optional lifetime guarantees
- Tax-deferred cash value growth
- Customizable features
Read our universal life insurance guide
Index Universal Life Insurance (IUL)
A cash value policy tied to market indexes. May suit those who want:
- Long-term cash accumulation potential
- Downside protection
- Flexible premium options
Compare index universal life insurance here.
Life Insurance Planning - What to Know Before You Buy
Get clarity on the most common life insurance questions and decisions:
- Life Insurance 101 - The Basics
- How Much Life Insurance Do You Need?
- How to Choose a Beneficiary
- Understanding Policy Riders
- Living Benefits Explained
- Life Insurance Settlement Options
- What to Expect From a Paramedical Exam
- How the MIB Affects You
- How Family History May Affect Life Insurance
- Height and Weight Guidelines
- Is Life Insurance Taxable?
- Life Insurance Retirement Planning
- Estate Planning Life Insurance
Choosing life insurance is easier when you have the right guidance. Our resources cover everything you need, from understanding policy types to finding the best life insurer.
Final Expense Insurance – Proceed With Caution
Level, graded, and guaranteed issue policies are often overpriced and oversold. In many cases, healthier applicants qualify for better, more affordable options.
- Final Expense Life Insurance - Everything You Need to Know
- Why Final Expense Insurance May Be a Ripoff
Underwriting for Tobacco, Nicotine, and Marijuana
You can still get competitive rates, even as a smoker or cannabis user:
Whatever your situation is, let us help you find the best life insurance options to meet your needs.
Life Insurance for Business Owners
Your business deserves a tailored plan. We help entrepreneurs and professionals find the right coverage for:
- Business Life Insurance
- SBA Loans
- Key Person Coverage
- Foreign Nationals
- Policy Assignments
- Buy-Sell Agreement Life Insurance
More Coverage Options Worth Exploring
Our guides go beyond the basics. Learn about:
- Disability Insurance
- Long-Term Care
- Accidental Death
- Pension Maximization
- Survivorship Life Insurance
- Why GoFundMe Isn't a Plan
Special Topics and Consumer Guides
Check out these guides for niche programs and unique situations:
- AICPA Life Insurance
- Divorce Life Insurance
- Spouse Life Insurance
- Costco Life Insurance
- Lakewood Ranch Life Insurance
- Life Insurance for Police
- Life Insurance for Seniors
Looking for a specific amount of coverage? We've got you covered:
FAQ
Term life insurance is usually best—it's affordable and provides high coverage during the years your family needs it most.
It depends. Whole life insurance offers lifelong coverage and builds cash value, but it comes at a higher cost. It is typically used for estate planning or leaving a lasting legacy.
It depends on your income, debts, and goals. A general rule is 10–15x your annual income, but our coverage guide helps you calculate the right amount.
Want Help Choosing the Right Policy?
Whether you need $25,000 or $5 million in life insurance, we guide you every step of the way with the best companies and no sales pressure.
Explore our guides to make an informed decision today and secure your future!
Life Insurance 101: A Friendly Guide to Life Insurance Basics
How Much Life Insurance Do You Need?
The Complete Guide to Buying Term Life Insurance: Key Insights and Expert Tips
Whole Life Insurance: Benefits, Cost, and How It Compares to Term Life
Universal Life Insurance: Everything You Need to Know
Indexed Universal Life Insurance: Benefits, Risks, and Best Companies
Choose the Right Life Insurance Beneficiary: What You Need to Know
The Insider’s Guide to Life Insurance Riders
Life Insurance With Living Benefits – What You Need to Know
Did you know that life insurance policies with living benefits can pay you before you...