HOW MUCH LIFE INSURANCE DO I NEED?

“How much life insurance do I need?” is a critical question. The answer will vary depending on personal circumstances and how the individual responds to these questions:

■ Will I leave debts behind that my family will have to pay?
■ How much will my final expenses be (medical expenses, hospital bills, funeral costs, etc.)?
■ Is there a mortgage to pay off if I die, or do I want to provide funds for continuing mortgage or rent payments?
■ Do I want to provide an education fund for my children?
■ Should I accumulate an emergency fund?
■ What ongoing income needs will my family have?
■ Where will the money come from to pay expenses?
■ Will Social Security help if I die prematurely?
■ How much life insurance do I own now?
■ Is my insurance limited term insurance or permanent?

Finding the answer to “how much life insurance do I need?” begins with a careful examination of current and future needs. It’s a solid first step in keeping lifetime responsibilities and objectives intact.

Please contact us  to schedule an in-depth review and consultation.