As always, life insurance has been a part of financial planning. It gives you peace of mind because you are assured that if something happens to you, your family will be financially taken care of.

When assessing how much life insurance you need, take a systematic approach instead of relying on rules of thumb.

With this type of insurance, you pay a regular monthly (or occasionally, annual) premium to a life insurance company. If you ...

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Anyone can qualify for these policies, but premiums are very high compared to other options ...