What is a key consideration when choosing life insurance?

A key consideration when choosing life insurance is the adequacy of coverage for specific dependents' needs. This aspect emphasizes the primary purpose of life insurance, which is to provide financial protection to beneficiaries in the event of the policyholder's death. Understanding the specific needs of dependents—such as outstanding debts, future educational expenses, and daily living costs—ensures that the chosen coverage amount is sufficient to support them without compromising their financial stability.

While factors like promotional advertising, simplicity of the policy, and online purchasing options are helpful, they do not directly address the fundamental reason for acquiring life insurance. The focus should always be on how the policy will effectively provide for any loved ones left behind, making this consideration the most crucial in selecting a life insurance plan.