How Much Life Insurance Do I Need?

Calculating the amount of life insurance you will need involves estimating the amount needed to meet your final expenses and funeral costs as well as the amount of income your surviving spouse and children will need to support them for the years to come. You should estimate the value of your current and potential future contributions to the family and deduct any existing financial assets and insurance policies. This can be a complicated process, and your Schultheis Insurance Agent can advise you as you make this important decision.