I bought a 20-year term life insurance policy, and there are 4 reasons I"d tell anyone to do the same

Courtesy Kelly Burch   When I turned 30, I bought a $250,000 life insurance policy with a 20-year term. I pay $29 a mont.....»»

SL Liang/Getty Images Bestow is an online company that offers term life insurance plans covering people for two, 10, or 20 years. Bestow's two-year policy stands out as one of the brand's unique offerings. Usually life insurance policies last for a decad.....»»

Alena Ozerova/Shutterstock   Life insurance is an.....»»

Courtesy Monica Romano After my mother's divorce, she renamed me as the beneficiary on her life insurance policy. I haven't had life insurance for years because my term policy ended and my son is grown up and financially stable on his own. But af.....»»

Hero Images/Getty Images When my parents were in their 80s, they moved in with me so that I could care for them. For the first time, I was responsible for other human beings. Then 33, I decided to get a 20-year term life insurance policy worth $.....»»

I'm halfway through a 20-year term policy for $300,000. It costs me $3,600/year. Would it be a po.....»»

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NickyLloyd/Getty Images   I decided to take out a life insurance policy after getting diagnosed with a BRCA1 mutation, which puts me at higher risk for breast and ovarian cancer. My husband had secured an affordable .....»»

Maskot/Getty Images My father and brother both had heart trouble, and I've always worried I might su.....»»

Hero Images/Getty Images In a matter of four years, I lost both my mom and dad. After my mom died, my dad made me the beneficiary of his life insurance policy. At the time of my dad's death, I could afford t.....»»

My dad was diagnosed with pancreatic cancer at age 54. He seemed indestructible and never thought he'd get sick like this, so he never purchased life insurance. When he died less than a year after getting diagnosed, my family and I de.....»»

AleksandarNakic/Getty If you're having a baby soon, it might be the right time to buy life insurance. A life insurance policy can replace income, help pay off deb.....»»

Courtesy Jeff Rose As a financial adviser, it's my job to .....»»

Hero Images/Getty Images More men are freezing their sperm, reported Marisa Dellatto for The New York Post. While some are doing it as an "insurance policy" before a vasectomy, others are freezing sperm for health reasons.....»»

Shutterstock Four years ago, I .....»»

Courtesy of Holly Johnson I own two term life insurance policies that amount to $1 million in coverage, and I'm only 39. I purchased the first policy in my 20s then added another layer of coverage once I turned 37 and my income incr.....»»

If you are looking for low-cost life insurance, then a term insurance plan is a budget-friendly option for you. As the simplest form of life insurance product, it offers insurance coverage only for a specific time period. S.....»»

To purchase a term policy, you will first have to undertake medical tests as required by the insurance company. Such tests are mostly mandatory for a person opting for a term insurance cover.....»»

This article was originally published on ETFTrends.com......»»

‘The thought of him benefiting from my death infuriates me, especially because of how badly I was treated by him.’.....»»