If one of your financial goals in the new year is getting life insurance, the Better Business Bureau (BBB) has some advice to help you decide what you may need.
Life insurance can be so important to have to help your family pay for funeral costs if something happens to you.
It can also help your family if they depend on you financially and suddenly lose your income after your death, but be careful.
“Watch out for mail offers. Sometimes you get stuff in the mail that says ‘Oh here’s a really great life insurance policy, it only costs you a couple of bucks a month.’ Be careful, there could be medical exams with that, that could be just accidental death and dismemberment which have very specific terms on how you must pass away in order to claim that life insurance,” said Amie Mitchell, CEO of BBB of Eastern Oklahoma. …