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How Much Life Insurance Do I Need?

Life Insurance Agent Pittsburgh PAHow much life insurance you need depends on what you need the insurance to do. As a general rule, the more dependents you have and the longer their dependency is expected to last, the more insurance you need. But even people with no dependents need some life insurance.

 

Typical Life Insurance Situations

 

People with minor children

The younger your children are, the longer they will depend on your income. Therefore, more insurance will be needed to replace the income you would have provided, should you die while they are still young. If both parents earn income, then both should have […]

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