Term life insurance is the most affordable and the most commonly purchased life insurance on the market. And thanks to the internet, longer life expectancies and better technology, a term life insurance policy is now cheaper than every before.

In 1990, a health 40 year old male would have paid $1,405 a year for a $500,000, 20 year term policy. Today, that same healthy 40 years old can expect to pay less than $400 a year. What a savings!

But I'm amazed at the number of people still paying into much more expensive policies they bought years ago, or worse yet, remain under-insured because they were sold a whole life policy and bought what they could afford, not the amount they needed.

The time has come to fix either or both of these problems. Sit down with an insurance professional, or better yet, search the many insurance websites on the internet and find a better deal.