Life insurance can feel complicated, but the core idea is simple: it replaces your income and pays off debts so your family stays financially secure if you pass away. This guide walks you through the main policy types, how much coverage you need, and how to get quotes — in plain English.
What is life insurance?
A life insurance policy is a contract: you pay a monthly premium, and the insurer pays a tax-free lump sum (the death benefit) to your beneficiaries when you die.
