Save up to 70% off Life Insurance!


Male Female


Save up to 70%

off Life Insurance!

Male Female

How Much Life Insurance Should I Get?

The amount of life insurance you should get largely depends on individual factors and circumstances. For example, your age, income, marital status, and number of dependents should all be taken into consideration. As a general rule, many insurance agents recommend insuring your life for five to ten times your annual salary. Important factors to consider when choosing your amount of life insurance coverage:

  1. Any outstanding debt you may have
  2. College funds
  3. Funeral expenses
  4. Day-to-day expenses
  5. Standard of living

Remember that the amount of life insurance you need may change as you grow older. For example, older children will eventually leave the nest and support themselves, you may have more children, you may receive pay raises, etc. Most insurance agents recommend reassessing your life insurance needs every few years.