Celebrate Life Insurance Awareness Month by taking our new quizzes

Jeanine Skowronski

By

Jeanine Skowronski

Jeanine Skowronski

Former Head of Content at Policygenius

Jeanine Skowronski is the former head of content at Policygenius in New York City. Her work has been featured in The Wall Street Journal, American Banker Magazine, Newsweek, Business Insider, Yahoo Finance, MSN, CNBC and more.

Published September 12, 2019|1 min read

Policygenius content follows strict guidelines for editorial accuracy and integrity. Learn about our

editorial standards

and how we make money.

Blog image

September is Life Insurance Awareness Month (LIAM). This year, we're celebrating with two new infographics that can help you determine your basic coverage needs in 30 seconds (or less!).

First, figure out if you need a policy. (Spoiler: People with dependents generally need coverage, even if they have group life insurance through work.)

Next, get a recommendation for what type of life insurance is best for you. Term life insurance covers you for a period of time — usually 10, 20 or 30 years — then expires. Whole life insurance stays in effect for your entire life and comes with a forced-savings vehicle.

While whole life insurance might sound like the way to go, term life is actually the right pick for most shoppers, given it's much more cost-effective.

Learn more about term vs. whole.

Once you've settled on a type of life insurance, you'll need to figure out how much coverage to buy. Our experts generally recommend buying life insurance in an amount up to 10x your individual income with a term long enough to get you to retirement (age 65). However, we can provide a more tailored recommendation. Get started by comparing free life insurance quotes from over a dozen insurers.

Infographics by Phillip Blackowl; Image by Aleksander Nakic

Former Head of Content at Policygenius

Jeanine Skowronski

Former Head of Content at Policygenius

Jeanine Skowronski is the former head of content at Policygenius in New York City. Her work has been featured in The Wall Street Journal, American Banker Magazine, Newsweek, Business Insider, Yahoo Finance, MSN, CNBC and more.