You have a family to protect, a legacy to leave, or both, and you know a life insurance policy can help you do that. But with so many coverage options, it can be hard to choose. There are two main ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Casey Bond is a seasoned personal finance writer and editor. In addition to Forbes, her work has appeared on HuffPost, Business Insider, Yahoo! Finance, MSN, The Motley Fool, U.S. News & World Report, ...

What is the difference between term and life insurance? Both are life insurance policies that aim to protect your family.