Find Life Insurance Policy: Credit
If you buy credit life insurance, get a copy of the policy and a certificate of insurance, which says who is insured, for how long and how much you paid for it, Magill said. Having those papers makes filing a claim quicker and easier, he said. The best way to make sure debts are covered if you die is to put together an overall, family life insurance plan, Lamb said.''If you've done any kind of life insurance work with an agent on your total family needs, it's most likely that insurance will cover some of these short-term circumstances,'' he said. ''A person who has $ 250,000 (worth of insurance) to cover your house, food and living expenses doesn't need $ 4,000 more every time he buys a car.''More on finding the policy just right for you at: Find Life Insurance Policy.
