Perhaps the one question people are wont to answer is whether they really need life insurance. Life insurance is a must-have if you are a parent or the primary provider for your family, or have significant debt that need to be taken care of in the event of death. Life insurance can mean a great sense of relief and peace of mind, and a guarantee that your loved ones will be cared for even when you are gone. However, the baffling array of life insurance coverage is likely to leave any consumer in a muddle. What is right for you – permanent or term life insurance? The Benefits of Term Coverage The average salaried professional with limited commitments, has a clear choice. Term insurance offers the right mix of benefits with short term coverage on low premiums. Going for temporary insurance is often the right choice for the typical buyer looking for affordable coverage. Custom insurance packages over a set duration of 10, 20 and 30 year periods can also be good deals to consider depending