No. of Recommendations: 0
Yes, you can buy multiple policies. You could consider normal term insurance now (relatively inexpensive now) and then switch to level term later when you know more about your family needs. For now, you would need to consider if you need the insurance. (would the surviving spouse want to keep the house?, is there sufficient savings to cover funeral and other expenses?) Once you have children, you will want to consider what it would take to keep the surviving spouse and children at their same standard of living.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.