Life Insurance23 Oct 2007 01:04 am
How Much Life Insurance Do I Need
Have you ever sat down and considered how much life insurance you will need? Here are a few questions to help you consider how much you’ll need:
L- Loans/Debt – How much would your family need to pay off the Mortgage, continue to pay for rent, pay off any Loans and debts ?
I- Income Replacement- How Much will your family need to continue maintaining and living the same lifestyle?
F- Funeral Expenses
E- Education – How Much would you like to leave for your children’s education or for your spouse to continue their education?