How Much Life Insurance Should I Buy?
You could ask ten different insurance professionals how much life insurance should I buy and you would get ten different answers.
The most common reasons for purchasing life insurance include coverage of debt, specifically a mortgage, replacing lost income for survivors and making sure there are funds available for education of children.
How you actually determine how much life insurance you need is really a personal decision. You should find a life insurance agent you can trust and have an honest discussion about what you hope to cover with your life insurance and what your financial capabilities are and make your decision from there.