The #1 Most important tip before getting life insurance: Compare Life Insurance Quotes first!
When you need to protect your family's financial situation, life insurance makes a lot of sense. Many employers offer group life insurance or your financial adviser can recommend a quality company. Life insurance can also be purchased from online sources, but it's important to do your homework so you know what to buy.When considering life insurance, be sure to look outside what your employer provides. This is why you should compare quotes and policies. While this may be easier and you may assume they are providing what is best for you, it is not always the case. Make sure that they rates and coverage are competitive or better than other offers that you could go with.
Don't lie or withhold information on your life insurance application. If an insurance provider finds out that you did not disclose a medical condition or a certain type of lifestyle on your application, they can void your policy. If you die, this can then leave family members left behind in a difficult position.