1. 4470 POINTS
    Brandon RobertsPRO
    Owner, The Insurance Pro Blog,
    Dave Ramsey generally suggests that someone carry 10 times their current annual income in life insurance.  This means if you earn $50,000 per year, Dave would recommend that you purchase $500,000 in life insurance.

    Whether or not this is an adequate amount of life insurance depends on a few different factors regarding your financial situation.  In actuality you may need more or less.
    Answered on August 23, 2013
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