Picking a life insurance policy isn’t always easy. You want to make sure that the policy is written in a way that fits your needs in the event of your passing. But you also have to meet certain criteria before you can buy a policy. If you don’t buy a policy that benefits your family in the manner you need it to, or if you’re not in the best of health, you run the risk of not having enough insurance. The payout upon your death may not be sufficient enough to take care of your family. And there’s always a possibility that you disqualify yourself from getting a reasonable policy due to your lifestyle.

Life insurance is more complex than you may realize. It’s not as simple as calling up a broker and asking them to send you over a policy. You need to decide if you want term or whole life policies as whole life can be used as a financial instrument. But a whole life policy might require a physical and are impossible to get after you reach a certain age. Term life is much easier and less expensive but doesn’t carry the same benefits as a whole life policy. However, a term life policy may make more sense in your current situation.

Take this quiz below to learn more about what it takes to pick the right insurance policy. There’s no time like the present to buy a policy to start building a benefit for your family.