How Much Life Insurance Do You Need?

Determining the right amount of life insurance coverage depends on individual circumstances. It is recommended to consider the following factors:

1. Income protection: Determine the amount of coverage needed to replace lost income in case of disability or death for your family.
   
2. Debt coverage: Consider the amount of coverage needed to pay off any outstanding debts, such as mortgages or loans.
3. Education expenses: Evaluate the future educational expenses for your dependents and factor that into your coverage.
4. Final expenses: Account for funeral and burial costs.

It is recommended to consult with our insurance professional who can assess your specific needs and help you determine the appropriate amount of life insurance coverage.