S3X Life insurance future....

Life insurance comes in many different variations that can fit just about any budget. Once you know the amount of coverage you need, decide whether you want insurance that provides permanent coverage, or just need term insurance to cover you until large expenses are paid off. Once debts are gone and the kids move out, you may decide to self-insure and won't need life insurance coverage anymore.

Hit your broker with hardball questions and take him to task for any inconsistencies in the answers. First ask if you can renew the policy, then what is the cancellation policy, and finally ask about any premium guarantees. In order to receive the absolute best policy, you must know every single detail.

Even after you've found a policy that you feel you love, you should still make sure to compare multiple policies to see if you can find a better deal on any other life insurance package. You never know; you might find the same package for 20% less per month. That would be a huge difference in the long-term.