Investopedia Video How Much Life Insurance Do You Need - Investopedia

CNN Money: Choosing the right life insurance

What you need to know about life insurance, including types of insurance policies and deciding on how much coverage you need.

1. All policies fall into one of two camps.

2. Insurance is sold, not bought.

3. Whole life is expensive.

4. Whole-life policies are built on assumptions.

5. Keep your investing and insurance strictly separate.

6. Buy enough term coverage to fill your needs.

7. Match the term of the policy to your needs.

8. Buy when you're healthy.

9. Tell the truth.

10. Use the Web to shop.

Extract above from money.cnn.com