Last Updated on May 3, 2021
– College education of your child: you may need $100,000.
In order to cover all three, you will need $575,000, which is a lot of coverage, but at least it is exactly how much you need. These calculations are necessary, and it is important to get it done with an independent life insurance agent.
They will help you and get you the lowest premium possible. It is actually one of the things that we may not want to do ourselves in order to save money on life insurance.
