How Much Life Insurance Should I Have?
Are you wondering about how much life insurance you should have? If you have a family or if you provide financial support for anyone, you probably seriously need to think about taking out adequate life insurance coverage that will ensure your loved ones will always be cared for financially.
How much to buy depends on the financial needs that will continue after your death.
Some examples include to help replace your income to continue paying the bills when you’re not around, to ensure funeral costs are met, paying off a mortgage or other loans, and paying for children’s education.