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What do I need to know about buying life insurance?
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1. You should understand the different types of life insurance available and how they work.
2. You should assess your current financial situation and determine how much coverage you need.
3. You should compare rates from multiple companies to get the best deal.
4. You should make sure that the policy is tailored to your needs, such as term versus whole life.
5. You should read the policy thoroughly before signing it to ensure that all terms are clearly stated.
6. You should review your options periodically and update your coverage if necessary.