How Much Life Insurance Do I Need And What Kind? 
The amount and type of life insurance you need depends on what you want your life insurance to accomplish . If it is for a temporary need such as getting your kids through college or paying off your house , a Term policy is a reasonably priced way of getting that amount of coverage . If you want to pay for your funeral , a smaller , Whole Life or Guaranteed No Lapse Universal Life policy would be a better choice . You should work with an agent you trust to consider your needs , and who will shop among multiple choices to find your best price for the best policy to suit those needs . 