Life Insurance Shopping Checklist
life insuranceEverything you need to compare and buy the right life insurance policy for your family.
Calculate how much coverage you need
Use the DIME method or our Life Insurance Calculator.
Use Calculator →Choose between term and permanent life insurance
Term is more affordable; IUL offers cash value growth.
Compare quotes from 3-5 carriers
Rates vary significantly between companies for the same coverage.
Check the insurers financial strength rating
Look for A-rated or higher from AM Best.
Complete the application and medical exam
Most policies require a paramedical exam at no cost to you.
Name your beneficiaries
Primary and contingent beneficiaries should be clearly designated.
Review and store your policy documents
Keep policies in a safe place and inform beneficiaries where to find them.
Need Help Completing This Checklist?
Our licensed agents can guide you through every step.
Get Free GuidanceDisclaimer: This content is for educational and informational purposes only and does not constitute financial, legal, or tax advice. Products and services mentioned may not be available in all states. All insurance products are subject to underwriting and policy terms. Consult a licensed professional for advice specific to your situation.