The most important variable to consider when buying life insurance is your age. Life insurance rates are based on your projected life expectancy, so the younger you are, the less expensive your premiums will be.
The most important variable to consider when buying life insurance is how much money you’re going to need to cover your family’s expenses if something happens to you. The key here is “if something happens.” Life insurance isn’t just about paying off your mortgage or buying a new car—it’s about making sure that your family doesn’t have to worry about anything financially if you don’t survive.
The most important variable to consider when buying life insurance is the amount of money that you would need to pay for your family’s basic needs in the event of your death.
This is a complex question, because it requires you to consider what your family’s “basic needs” are and how much they would cost. For example, if you have children who are still in school, then the amount of money they would need may be much greater than if they were adults living independently. The same goes for any other dependent members of your family—if you have an elderly parent or a disabled child, then they might require more care than an adult child or sibling would.
It is also important to think about all expenses related to your death as well as those before it. For example, if you have a mortgage on your house or car payments due each month, then these bills will continue after you pass away and must be paid by someone else (your spouse, in most cases). This can add up quickly over time!
The most important variable to consider is the mortality rate.
The mortality rate is a measure of how many people will die each year, and it’s a measure of the risk that you’ll die within a certain period of time. The higher your mortality rate, the more likely it is that you’ll die before the end of your policy term.