Life insurance provides financial protection for your loved ones in the event of your passing. It can help cover expenses like funeral costs, mortgage payments, children's education, and daily living expenses, ensuring they maintain their financial stability.  

The ideal amount of life insurance coverage varies greatly depending on your individual circumstances and financial goals. 1 Consider factors like your income, debts, number of dependents, and future financial obligations like education expenses when determining the right amount for you.

There are several types of life insurance, including term life, whole life, universal life, and variable life. Each type offers different features and benefits. We can explain the differences and help you choose the policy that best suits your needs.