How Much Life Insurance Do I Really Need. Follow this general philosophy to find your own target coverage amount: Financial obligations minus liquid assets.
Not everyone needs life insurance. How much life insurance you need is a personal decision that you should make with your spouse and financial planner, if you have one. Insurance agents will convince you to buy as much insurance as can afford.
Here is one way to help answer 1.
Having a life insurance is important in life but staying adequately insured is most important. This is a tough question to answer in a. Why not just 30 year. First, what's the income shortfall for the second, how long will they need that income shortfall?
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