Life insurance is not one of the most interesting topics to discuss, but it’s a necessary one. Lark prefers that you buy term life insurance – plain and simple. You never want to tie your life insurance in some kind of savings and investment vehicle unless you’re earning more than $375,000 a year. So, term insurance is the kind you buy for a set period of time. And, according to the Wall Street Journal, term life insurance rates have dropped by about 50 percent in the past 10 years. The Internet is the No.1 reason why. People can now comparison shop online and companies have had to lower prices to compete. The second factor is that we are living longer. People who do actuarial work figure out the risk to insurers and that determines what rates will be as well. As you get older, rates will cost more. But it’s possible that you could get a lower price today than you did 10 years ago when you signed up. Or, maybe you were underinsured at the time you bought your policy and now you’re making more money. So, look around and maybe get a new policy. One of the greatest sources out there is USAA. Other site to try are accuquote.com and insure.com. The simplest rule is to buy 10 times your income. So, if you make $50,000 a year, you’d want a $500,000 policy.