How much life insurance do you need? The question really isn’t how much life insurance… it’s how much investment capital your family will need at the time or your death to maintain their current standard of living and secure future goals like a college education or the family weddings you always dreamed of celebrating. Your capital need is really a summation of two key variables:
How much money will be required at death to meet immediate needs and obligations; and
How much money will be required to produce a future income stream that will sustain your family’s standard of living?
With the following information, your financial professional/licensed insurance agent can help you develop a protection strategy that suits your budget and provides the financial safeguards your family needs.
