If you have family members that rely on your income, you may want to consider have a life insurance policy in order to protect them should anything happen to you.  It is also important to periodically review your policy especially if your situation changes (marriage, birth of a child, etc.).

Whole Life
A life insurance contract with level premiums that has both an insurance and an investment component. The insurance component pays a stated amount upon death of the insured. The investment component accumulates a cash value that the policyholder can withdraw or borrow against.

Term Life
A policy with a set duration limit on the coverage period. Once the policy is expired, it is up to the policy owner to decide whether to renew the term life insurance policy or to let the coverage end.

Final Expense
Preparing for your funeral and burial expenses is an important aspect of protecting your loved ones financially. Final expense insurance can help ensure that your family is properly protected from the expenses after your death.