If anyone depends on your income — spouse, children, aging parents — term life insurance is one of the highest-value protections you can buy. If no one depends on your income, you likely don't need it.

A common rule of thumb is 10–12× your annual income, with the term length covering the years your dependents rely on you (often until kids are self-sufficient or the mortgage is paid off).

"Own occupation" policies pay benefits if you can't perform your specific job, even if you could work in a different field. This is critical for specialized professionals (surgeons, dentists, engineers).

Usually — 15–25% savings is common — but always get standalone quotes to verify. Sometimes a bundled policy costs more than two separate best-in-class policies.