Congratulations, you've just got married. Now it is time to think about the serious matters in life. One of them being the financial well-being 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: $300,000; $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.