What Is A Good Amount For Life Insurance?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    With nothing else to go on, a  good amount for life insurance is 10 times your annual income. 

    To get a more accurate assessment of what is a good amount for you, there are life insurance calculators that will allow you to put in any number of variables to come up with the amount that will best meet your needs.
    Answered on July 22, 2013
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