Who Needs Life Insurance?

In order to understand if you need life insurance, you can self-examine your situation by asking yourself some questions:

  1. How many defendants do you have?
  2. How long until they become self-sufficient?
  3. How much money do they need for their living expenses?

Look at your current living situation, income and expenses, and subtract from the income and inheritance that you would leave behind. That should give you some idea about how much money your family needs on a monthly basis in order to maintain your lifestyle.

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