U.S. News Life Insurance Guides
Life insurance is a financial tool that provides security for your loved ones after your death. You should consider it if your family members depend on you financially, particularly if your current financial obligations – such as expenses and debt – outweigh your assets.
Life insurance is available in a wide variety of policy types, ranging from affordable basic coverage to complex policies designed to supplement a comprehensive investment strategy. Prices range broadly, so most shoppers will be able to find a life insurance policy that fits their budget. The cost of your premium will depend greatly on the type of policy you want, the amount of coverage you need, and other factors specific to your situation. We explain all of this in detail below.
Life insurance is a financial tool that pays a benefit when the person who owns