1. 3485 POINTS
    J Scott BurkePRO
    President, Newbury Inc., Evansville, Indiana
    Depends on what financial problems you leave behind when you die. If you make $50,000 per year and have dependents it's very likely that you need $500,000 to $1,000,000 in life insurance.

    There are all sorts of reasons and amounts that different people need though. You definitely need to find a good independent agent in your area to sit down with you and do some fact finding. It's easy to put off but very important.
    Answered on April 8, 2013
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