How much life insurance do you need?
The first thing to consider is how much your loved ones would need to maintain their standard of living. Then, think about things like: Life insurance helps you protect your loved ones, whether it’s by funding your children’s education or planning for a comfortable future.
- Your medical expenses and outstanding debt, and how much you owe on your mortgage
- Your children’s age
- How much of the household income you provide
- Funeral and final expenses
