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Go to www.dailyfinance.com/calculators/life-insurance/.
a. Review the various types of life insurance decisions that you can make with the help of the calculators shown here.
b. Go to the calculator that allows you to determine how much life insurance you need. Input the data based on your personal situation and let the calculator determine how much life insurance you need.
c. Go to the calculator that allows you to compare whole life versus term insurance. Notice the input that you need to provide to make this decision. Input the data based on your personal situation and let the calculator determine which type of insurance would be better for you.
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