What Is A Good Amount Of Life Insurance?

  1. 1330 POINTS
    Mark Taylor
    Licensed Life Agent, Life and Finance/ 50 States, New York
    A good. amount of Life insurance will depend on a determination upon an analysis for future financial needs. That determines what will be needed for the benefits to pay for like funeral cost, mortgages unpaid,  children's college or all around support. Life insurance is designed to benefit the family in the event of a unfortunate mishap to the family in which death camp. occur suddenly or natural causes. The person who wanf to buy may also make that decision on how much life insurance to purchase for multiple purposes and even to create an estate maximum amounts so far are 20 Million dollars.
    Answered on February 6, 2014
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