Q.
My husband and I know that we should have life insurance, but we don't. Where do we start?
A.
Generally, the older you are or more health problems you have, the pricier life insurance will be. A healthy person might have to pay less than $100 a month for a $400,000 death benefit, while someone who's sick or has genetic diseases may pay $600 a month for the same policy. Research plans and set up a medical exam with your doc to begin the application process. Some companies also require a credit check—a good reason to pay those bills on time!
Jan 19, 2011