How Much Life Insurance Do I really Need?

Determining how much life insurance you truly need is an important, but often frustrating process.
Buying life insurance is a task most of us don’t want to think about. But, it’s an important step to making sure your family is secure after you are gone. Determining how much insurance you need can be an overwhelming proposition. To get started, narrow it down to these two questions:


How much money will your loved ones need for your final expenses? This includes funeral expenses, uncovered medical bills, estate settling costs, outstanding debts, and other long-term expenses.

How much will be needed for your loved ones in the long term? Start by determining your household’s monthly living expenses for necessities including food, utilities, tuitions, and car maintenance.

Determining your current expenses and future needs will help you decide the amount and type of life insurance needed to protect your family.

Learn more about life insurance coverage here

Contact Morris Insurance Services for help with this process and get the coverage you and your family need.