Question

What are 5 factors I need to consider when purchasing life insurance?

I need to ask this question from Insurance subject matter

I got this question during an online exam.

Other related questions to my question are:

What are the key factors he needs to consider when purchasing insurance are the factors the same for both general and life insurance?

What factors will you consider in buying a life insurance?

What are 3 things you need to consider when buying life insurance?

What are 10 things you absolutely need to know about life insurance?

Answer 1

The correct answer by me is: - Assess your insurance needs.   

- Compare insurance policies.   

- Choose a cover that you can afford.   

- Evaluate the future of your insurance policy.   

- Check the claim settlement history of the insurance company.

The title of my answer is 5 things to consider before purchasing life insurance

The heading of my answer can be 5 things to consider before purchasing life insurance

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