Life insurance policy

Jenni kundu (Finance Professional) (40 Points)

04 May 2015  

I have often been told by people that getting life insurance early is an unneeded expense. However, I still believe if I get this policy before I complete 30 it would be a good idea. Should I get a life insurance plan or a term policy? Which will give me the maximum tax benefits and coverage? How do I calculate how much insurance I need?