what to do before buying life insurance
because life insurance policies are a major expense and commitment it s critical to do proper due diligence to make sure the company you choose has a solid track record and financial strength given that your heirs may not receive the death benefit until many decades into the future investopedia has evaluated scores of companies that offer all different types of insurance and rated the best in numerous categories life insurance can be a prudent financial tool to hedge your bets and provide protection for your loved ones in case you die while the policy is in force however there are situations in which it makes less sense such if you buy too much or insure people whose income doesn t need to be replaced so it s important to consider several factors before making a decision 