Major considerations when picking a life insurance package?

[Jane]

When picking a life insurance package, consider coverage amount, term length, premium costs, and the insurer's reputation. For instance, choose sufficient coverage for dependents' needs, a 20-year term for young families, affordable premiums fitting your budget, and a reputable insurer with good reviews. Also, consider additional features like critical illness coverage. For example, a $500,000 policy for 20 years might suit a young parent with a mortgage and children.