| QUESTIONS | CATEGORIES | BLOG | PROFILE | Login | Register |
ASK QUESTION
Finance → Financial planning
ANSWERS: 1
  • Official Know-It-All
    To determine how much life insurance you need, add up your family's short-term needs upon your death, such as final expenses and outstanding debts. Next, add up the long-term needs like mortgage payments and children's education. Add the two together, then subtract existing assets such as savings and other life insurance. The final amount will be the total life insurance you will need.

    Source:

    Insure.com

    No comments

RELATED QUESTIONS

ABOUT ANSWERBAG

Answerbag wants to provide a service to people looking for answers and a good conversation. Ask away and we will do our best to answer or find someone who can.We try to vet our answers to get you the most acurate answers.

Copyright 2023, Wired Ivy, LLC

Answerbag | Terms of Service | Privacy Policy