How Much Life Insurance Do I Need

Answer for "How much Life Insurance do I need?"

Jamie Minsky
  Coldwell Banker

Every person has a different idea of what financial security means. If so, should happen to you, how much money would you family need? You should consider:

- Your current debt.

- Expenses your family can expect to pay after your death.

- Your family needs. A general, rule of thumb to calculate your life insurance needs is to multiply your annual salary by seven.

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