Build enough understanding to ask better questions before you apply. Explore coverage types, underwriting, beneficiaries, cash value, policy loans, and family-protection planning.
What a term is, what affects price, and what happens when the term ends.
Lifetime coverage, guaranteed cash values, dividends, costs, and loans.
Index-crediting methods, caps and participation, policy charges, funding, loans, and lapse risk.
Simplified issue versus guaranteed issue, waiting periods, and end-of-life planning.
How ordinary life insurance can be sized around a mortgage and family income needs.
Think through income replacement, debts, education, final expenses, and existing resources.