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How Much Life Insurance Should You Get? Here’s a Simple Way to Find Out.

How Much Life Insurance Should You Get? Here’s a Simple Way to Find Out.

One of the most common questions I get, from entrepreneurs, professionals, and families, is: “How much life insurance should I get?” Most people either guess, choose a round number, or just do whatever their friend or coworker did. However, there are actually two clear, practical ways to determine this, one based on what the insurance company will provide, and one based on what you want the policy to do for your family. Let’s walk through both.

Why Permanent Life Insurance is the Foundation of a Strong Financial Plan

Why Permanent Life Insurance is the Foundation of a Strong Financial Plan

Permanent life insurance builds both offense and defense in financial planning. Protect your wealth, reduce risk, and align money with your goals.

*Disclaimer: Financial Advisors do not provide specific tax/legal advice and this information should not be considered as such. You should always consult your tax/legal advisor regarding your own specific tax/legal situation. Separate from the financial plan and our role as a financial planner, we may recommend the purchase of specific investment or insurance products or account. These product recommendations are not part of the financial plan and you are under no obligation to follow them. Life insurance products contain fees, such as mortality and expense charges (which may increase over time), and may contain restrictions, such as surrender periods.