How Much Life Insurance do I Need?

Your insurance needs are as unique as you are. Industry recommendation for life insurance is approximately 3 to 8 times your income however there are many factors to consider when determining the right amount of coverage. Things to consider when calculating your life insurance needs:

  • Your spouse's ability to earn an income
  • How many dependants you have
  • How much you would like to leave as an inheritance or legacy
  • How much you can afford
  • The insurance calculator is a good starting point to determine your insurance needs.
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