How much Life Insurance a person should owns depends on what they are trying to protect. Future earnings? Paying off a house, college for the kids? You need to ask questions to figure it out so you can offer the correct solution.
Thst depends on what you want it for. Exstate planing,final expenses,legacy. Or many other reasons.would preferr to set down and talk 1on1 with any one looking at Life Insurance
To be concise, each persons needs are different & the amount of insurance needed is based solely on what that individual or family are looking to accomplish.
Answers (391-395)
How much Life Insurance a person should owns depends on what they are trying to protect. Future earnings? Paying off a house, college for the kids? You need to ask questions to figure it out so you can offer the correct solution.
Thst depends on what you want it for. Exstate planing,final expenses,legacy. Or many other reasons.would preferr to set down and talk 1on1 with any one looking at Life Insurance
At a minimum, enough to pay off mortgages, lines of credit and all other debts.
To be concise, each persons needs are different & the amount of insurance needed is based solely on what that individual or family are looking to accomplish.