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Main > Insurance FAQ
 
Is there a certain amount of life insurance i'm required to buy?
 
Unlike the situation with car insurance, no law requires you to buy life insurance. You decide if you want to purchase life insurance, and how much to buy.

If you do apply for life insurance, you will find that companies have various rules about the lowest amount they would like you to buy. These range from home service companies with very low minimums (a few thousand dollars), to companies that sell primarily to business people and high-income individuals (hundreds of thousands to millions).

  
  
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Auto Insurance
Automobile Insurance
Auto Insuranceknown in the UK as motor insurance, is probably the most common form of insurance and may cover both legal liability claims against the driver and loss of or damage to the insured's vehicle itself.

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