This is a question that I commonly face? Many people wonder what is the right amount of insurance? In reading a question and answer section on www.horsesmouth.com I came across this calculator for determining an approximate amount of life insurance that you may need. Here is the link http://moneycentral.msn.com/investor/calcs/n_life/main.asp
I believe you should use a qualified professional insurance agent and more importantly use someone that you trust. There are so many options for life insurance out there that you want to make sure you are getting the right thing for your family. A good rule of thumb is 10 – 20X annual income.
When you realize the need for life insurance seek solid advice!
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