How Much Life Insurance Do I Need?

If you're shopping for life insurance, one of the most important questions to consider is how much life insurance to buy.

The correct amount of life insurance you need will depend on what your goal is for your life insurance policy, what you want it to accomplish?

Also, how old you are, what financial responsibilities you have, and what are your future goals - like getting married, starting a family, buying a home, etc.? In addition, how much debt do you currently have and what are your total savings?

All of the above will impact how much life insurance you need, and help you determine how much to get.

The easiest way to really figure out your life insurance needs is to use a life insurance needs calculator.

You just answer some basic questions about your financial situation and the calculator gives you an instant, accurate estimate of how much life insurance to buy based on your own personal situation.