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How much life insurance do I need?

How much life insurance do you need to help financially protect your family after you’re gone? Here’s a quick video guide that can help clear some of the mystery around what amount is the right amount of life insurance coverage for you and your loved ones.
May 22, 2024
1 min and 2 sec watch
Deciding on the right amount of life insurance coverage.
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If you're getting a life insurance policy,

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here are a few things to consider when deciding how much coverage is right for you.

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First, review your family's immediate financial needs, like funeral expenses and outstanding credit card bills.

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Then think about any ongoing expenses you would want to help your loved ones with.

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This could include anything from the mortgage to monthly bills.

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You can also consider future needs, such as college tuition or paying off a car loan.

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If you're not sure where to start, remember that it's okay to start small.

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Any amount can help loved ones left behind.

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Over time as your needs and budget grow, you may choose to get additional coverage.

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Have more questions about life insurance?

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