Besides burial expense and debt, with grown children, how do we decide how much life insurance to purchase?
Answers | 3
Some other areas you may want to consider as beneficiaries are:
- charities or religions/non-religious organizations you're passionate about
- medical bills
- estate settling costs (taxes, etc.)
- business related (partners, etc.)
- future income for your spouse to comfortably maintain your current standard of living
Check out my life insurance calculator to get an idea about what a quality low-cost Term Life policy could cost you.
I'm licensed in all 50 states, so if you have additional questions, I'd be glad to help!