Planning ahead with life insurance is something many people never want to think about, but should. If the unexpected happens, its wonderful to leave behind not only memories, but money to survive off of. Wondering how much you really need? That will depend on many factors such as children, home life, and other expenses. See more info below:

Final expenses: You want to plan enough in your policy to cover your funeral expenses.

Mortgages and other debts: Be sure to add enough money to pay off the mortgage and car.

Education expenses: If you have young children, you want to add enough to cover educational expenses.

Income replacement: You will want to factor enough in the policy to cover the loss of your income for at least the next ten to twenty years.