![how much life insurance do i need](https://ithmain.wpenginepowered.com/wp-content/uploads/2018/10/AdobeStock_137192421-1024x683.jpeg)
How much life insurance do I need?
A rule of thumb for life insurance is to purchase 7-10 times your income. While this may be a quick and easy way to calculate the amount of life insurance needed, there is a more accurate method. It’s best to use a life insurance needs calculator. This is also referred to as a needs analysis or calculation formula. To make it easy you can use an online life insurance calculator.