How to get the right life insurance amount
Maybe you know you need life insurance, but all you get is the policy through your employer because it seemed cheap. Maybe it is cheap, but is it adequate?
Since you’re thinking about life insurance anyway, you might as well make sure your family has the right amount of coverage. Insurance is all about displacing risks, so your fist job is to figure out why you need life insurance.
Seriously, let’s pretend I just asked the question, “why do you need life insurance, anyway?” What would you tell me? Write it down on a scratch piece of paper.