1. Adequate Coverage Amount: The first and most crucial feature to consider is the coverage amount. Ensure that the policy offers enough coverage to meet your family's financial needs in case of your untimely death. Consider factors such as outstanding debts, mortgage payments, childcare expenses, and future financial goals when determining the coverage amount.

2. Term Length: Life insurance policies come in various terms, such as 10, 20, or 30 years. Choose a term length that aligns with your financial obligations and goals. For example, if you have young children, you may opt for a longer-term policy to ensure they are financially protected until they become self-sufficient.

3. Premium Affordability: Evaluate the affordability of the premiums associated with the policy. Ensure that the premiums fit comfortably within your budget and that you can afford to maintain them throughout the life of the policy. Remember that affordable premiums are essential to keep the policy active and prevent it from lapsing.

4. Conversion Options: Best insurance policy offer conversion options, allowing you to convert a term policy into a permanent policy without the need for a medical exam. This feature provides flexibility and ensures that you can adjust your coverage as your financial needs evolve over time.

5. Guaranteed Renewability: Look for a policy that offers guaranteed renewability, meaning the insurer cannot refuse to renew your policy or increase your premiums based on changes in your health or lifestyle. This feature provides peace of mind, knowing that your coverage will remain intact regardless of future circumstances.

6. Accelerated Death Benefit Rider: An accelerated death benefit rider allows you to access a portion of your death benefit while you are still alive if you are diagnosed with a terminal illness. This feature can provide much-needed financial support to cover medical expenses or other end-of-life costs.

7. Cash Value Accumulation: If you opt for a permanent life insurance policy, consider the cash value accumulation feature. This feature allows you to build cash value over time, which you can borrow against or use to supplement your retirement income in the future.

8. Riders and Additional Benefits: Explore the various riders and additional benefits offered by the policy. Common riders include accidental death benefit riders, waiver of premium riders, and children's term riders. These riders can enhance your coverage and provide added protection for you and your loved ones.

9. Financial Strength of the Insurer: It's essential to choose a life insurance policy from a financially stable and reputable insurer. 

10. Ease of Claims Process: Finally, consider the ease and efficiency of the claims process offered by the insurer. Look for a company with a reputation for excellent customer service and prompt claims processing to ensure that your beneficiaries receive the death benefit promptly when it's needed most.

In conclusion, By focusing on these 10 key features, you can ensure that you choose a policy that provides adequate coverage, flexibility, and peace of mind for you and your loved ones. Remember to compare quotes from multiple insurers and consult with a licensed insurance professional to help you make an informed decision.