Question 1

What's the difference between term and whole life insurance?

Accepted Answer

Term life covers you for a set number of years (10, 20, 30) at a low monthly cost and is best for protecting your family during working years or while a mortgage is outstanding. Whole life is permanent, builds cash value you can borrow against, and costs 5–10x more for the same death benefit. Most families do best with term plus separate investments.

Question 2

Can I get life insurance without a medical exam?

Accepted Answer

Yes — several carriers (Haven Life, Bestow, Ethos) offer no-exam term life up to $500K based on health questions and database checks. Approval is often within minutes. Premiums are slightly higher than fully underwritten policies, but for healthy applicants under 50 the difference is small. We compare both paths.

Question 3

How much life insurance do I actually need?

Accepted Answer

A common rule of thumb is 10–12x your annual income, but the right number depends on debts (mortgage, car, student loans), dependents (kids' future education), and your spouse's income. We run a quick needs analysis at no cost to find a coverage amount that actually fits your situation.