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How Much Life Insurance Do You Need?

Life insurance is a vital safety net to have for the Family. Because one never knows what will happen, having a good life insurance policy in force is a great way to ensure your family will be provided for should something unforeseen occur.

You may ask, “How much life insurance do I need?” There are several calculators online to assist you in determining this information. Look at some websites, Smart Money, Yahoo Finance, and Cash Money Life, to explore various methods to calculate your life insurance needs.

Here’s one simplified method that provides a conservative estimate of the life insurance you need.

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