What is Life Insurance?
Life insurance pays out a sum of money either on the death of the insured person or after a set period of time.
"I already have life insurance through my job"
That's great! However, the coverage through your job might not be enough. Also, should you ever lose your job (layoffs, company goes under, you move to a different state, you take a different job, etc...) the life insurance you have with your job will probably not continue. Which is why it's smart to have a plan that is independent of your job so it will be always be there for you, regardless of where you work.
Common Types of Life Insurance
Term Life Insurance
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