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Health insurance
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  • Official Know-It-All
    A good rule of thumb is to purchase 20 times the amount of your annual pay for term life insurance when you are age 20 to 30, according to the goodfinancialcents.com. At ages 31 through 40, you should purchase 16 times your annual salary. Purchase 12 times salary for ages 41 to 50 and eight times for 51 through 60.

    Source:

    How Much Term Life Insurance Do You Need to Buy?

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