What are the best types of life insurance to buy?
Buying life insurance is an important decision, so it’s worth doing some research to find the best types of life insurance and the specific policies that make the most sense for you. The two most common types of life insurance are term life insurance and whole life insurance, and they differ in several key ways.
Is whole life insurance the most affordable option?
The most affordable option might be a term life insurance policy that allows you to choose the policy length and pay a lower premium. But if you have a family to support, it’s worth considering the lifelong coverage benefits of whole life insurance.
What are the best guaranteed issue life insurance policies?
AAA offers one of the best guaranteed issue life insurance policies we could find. It doesn’t require a medical exam, and the death benefit can be as high as $25,000. You can apply for the policy as long as you’re between the ages of 45 and 85.