Buying life insurance is a must if you have small children, and may be a good idea in other situations as well. But for many people, buying life insurance is a daunting task and often goes undone. For some, it’s trying to decide what kind of life insurance is right for them. For others, it’s trying to determine how much insurance they need.
Well, here’s a concise infographic detailing the basic questions you should ask yourself. It’s courtesy of BankRate.com and it should serve as a very handy starting point on what can be one of the biggest financial decisions for you and your family.