Congratulations, you've just got married. Now it is time to think about the serious matters in life. One of them being the financial wellbeing of your family.
Along with financial planning and savings, life insurance coverage should be one of the first things a newly married couple should tackle.
Young couples have to think about a few things before getting coverage:
Once you have an idea of your future financial needs, calculate how much life insurance you will need if you or your spouse passes away.
Once you have this value, $500,000, $700,000, $800,000, 1 million, etc. It is time to go shopping for a policy.
The best way to get good rates and coverage is to compare quotes on the Internet, many sites out there will give you a side-by-side comparison of your life insurance costs.