What Do I Need To Know About Buying Life Insurance? 
Some things to know about life insurance are : 1 -RRB- Life insurance prices depend on many factors . Even the amount you can get is dependent on your income and assets . It really helps to have a great agent to help you sort out the options . As someone who has sold thousands of policies over the last decade , I do n't know how people wade through all this information without help . Or why they would want to . 2 -RRB- It is important to look at guarantees . In this economy , my advice would be , wherever you can get a guarantee , take it . 3 -RRB- You have to keep an open mind . If you go in thinking you want a certain type of policy at a certain price , you may find that you do n't even qualify for that type of policy . Your beneficiaries may end up with nothing if you do n't keep an open mind . 4 -RRB- Life insurance pays . Life insurance companies are very secure and nearly all life insurance policies pay the death benefit . 5 -RRB- If you ca n't afford it , you wo n't keep it . If you wo n't keep it , your life insurance wo n't help anyone . So buy affordable life insurance that fits your budget . 