Life Insurance

How much life insurance do you need? There are a number of factors to consider in determining the type of coverage and how much life insurance would be appropriate for you and your family’s needs:

  1. Who depends on your financial contributions for their well-being?
  2. What is your annual income? As a rule of thumb,  insurance coverage should be 5 to 7 times your annual earnings, after taxes.
  3. What debts do you have?
  4. How close are you to retirement? Generally speaking, as you get closer to retirement the less death benefit associated with your life insurance product is needed.

There are several other factors to consider when purchasing life insurance.  We take the time to understand your need in order to determine the amount of insurance that is appropriate for your unique situation. We can then recommend different insurance product options to fit both your needs and your budget.  We will gladly walk you through the process and educate you on all the options that are available.