How Much Life Insurance Do I Need?
How much protection does a family need? The answer will vary for each individual. Start with your income and obligations. If your family lost your income due to your death:
- What death obligations (funeral expenses, debts, administration fees, etc.) would your family or spouse have to pay?
- How much of your income would your family or spouse need to replace?
Our Life Insurance Needs Calculator can help you address these two questions in more detail.