The hardest question to answer while you are searching for Life Insurance will probably be how much coverage do you need to carry? If you wanted to cover someone’s future expenses when you pass away it just takes a little bit of simple math to ballpark what you might need!
If you have a beneficiary that can live with $40,000 per year then you might want to get a coverage that is 10 times more than $40,000 so when they are paid out they can place it in an index that averages 10% yearly returns over its life span—but this is not the only way to go about it!
If you have children and want to provide for their college and future life expenses just in case something were to happen, you can figure out the cost yourself or you can consult with your insurance agent to see what their estimation is using their tools and resources!
Just remember that having something in terms of Life Insurance is better than nothing and if the cost of coverage is an issue you could pick a cheaper one now and get another plan to supplement it when you can!