What Is The Right Amount Of Life Insurance?

  1. 4249 POINTS
    Gary Lane
    President, Lane Independent Agency, Southern California
    Are you married? Kids? Mortgage? Plan for college payments and paying the mortgage and helping out the kids until they are on their own. What is your own financial situation. Figure anywhere from two to ten times your annual income, depending on the factors above. Plan for inflation. Thank you. GARY LANE.
    Answered on June 2, 2014
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  2. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    Who do you love?  How will your premature death affect them?  How can you arrange your finances so that they will have enough money to survive and perhaps even thrive?  For most people the desire is to see debts retired and an adequate income for those that they love.  Fortunately with live insurance that can be arranged in such a way as to actually improve retirement prospects at the same time.
    Answered on June 26, 2014
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