Having adequate life insurance coverage is a must if you have a spouse and/or children — or any one else who depends upon your income for support. One basic rule of thumb for life insurance is that your policy’s death benefit should equal seven to 10 times the amount of your annual salary. But your individual life insurance needs can vary. It’s best to arrive at a number with the help of a financial professional.
A Primerica representative can meet with you in your home, if you like, and one is just a phone call away. You can find a representative near you right here. A valuable tool that your rep can help you complete is your own Financial Needs Analysis (FNA). One vital answer your FNA can tell you is how much life insurance you need to protect your family.