Avoid the Pitfalls of One-Size-Fits-All Life Insurance Policy

The pitch was simple and compelling, coming as it did right after the turn of the year with resolutions on so many people’s minds. It said that "$1 buys $50,000 in life insurance."

And if getting insurance was on your to-do list for the new year, you might check out the e-mail blast from Globe Life and Accident Insurance of Oklahoma City. A few clicks later — with no medical exam or significant questions at all — you’ve finished your financial chore, added protection to your family, and made the Stupid Investment of the Week.

Avoid the Pitfalls of One-Size-Fits-All Life Insurance Policy
Source: NJ.com