What s the hardest part of buying life insurance? For most people, it s trying to figure out exactly how
much you should have.
It doesn t make financial sense to spend money on protection you don t need.
But you still have to make sure your family will...
More
What s the hardest part of buying life insurance? For most people, it s trying to figure out exactly how
much you should have.
It doesn t make financial sense to spend money on protection you don t need.
But you still have to make sure your family will always be comfortable - even if the worst happens.
On one hand, some financial advisors recommend multiplying your yearly income by 7.
On the other
hand, they recommend purchasing just enough coverage to protect your income during your working
years, and put the savings into retirement investments.
So what s right for you? Before you decide to buy a policy, ask yourself these questions about your
current - and future - financial needs.
4 Questions To Ask Before You Buy Life Insurance
The answers to these 4 questions will help you determine what amount of life insurance is right for
you.
Do you have any short-term financial needs?
You can get this figure by first adding up your short-term debts, like credit cards and car loans.
Ne
Less
