FAQs

  • A general industry rule of thumb is life insurance policy from ten to twenty times your gross annual income is considered to be adequate coverage. For example, if your gross income is approximately $50,000 per year, the suggested level of coverage would be approximately $750,000 (somewhere between $500,000 and $1,000,000). Of course this is just a general rule.  You will have to decide if it is appropriate for you.