Why you need life insurance
One of the ways people get stuck when considering life insurance is that they are unsure how big of a policy to get.
The truth is there is no one-size fits all answer. There are guidelines, but there is no magic formula. Instead, you need to consider your unique situation. What does your family need if you are not there to provide it?
Do they need the ability to make house payments? Do they need a way to buy your share of a business? Do they need the ability to pay for childcare or health insurance?
The best way to decide how much life insurance you need is to consider what your family would need most if you were to pass away unexpectedly.
We are here to help. If you would like help in figuring out what an appropriate amount of life insurance is for your situation, give us a call or ask us in an email.
We can give you an idea of what different policies may cost and how you can structure your life insurance and your finances to make sure you have planned for the future, no matter what happens.