LendEDU.com alerted us to this article by Christy Rakoczy on Life Insurance.
LendEDU.com writes: As you can see, we explain how much life insurance individuals should have, how to calculate the amount of life insurance you need, factors to consider when buying life insurance, and more. It can be tough to determine how much life insurance you need, and there are a lot of factors that must be considered. We hope this guide can help individuals confidently determine the amount of life insurance they need so their family is fully supported.
An excerpt from the article is below and you can read the full article here: https://lendedu.com/blog/how-much-life-insurance-do-i-need/
Life insurance is one of the most important kinds of insurance you can buy, even though it’s a type of insurance you hope you’ll never need. Life insurance can protect your family from financial catastrophe in case you pass away while your loved ones are still relying on you.