Ask Terry Questions Life Insurance

Life Insurance

By Terry Savage on December 11, 2023 | Insurance & Annuities

How much Life Insurance should a married couple have with no debt and $500, 000 in cash and savings with a pension and social security.

Terry Says

Depends on their ages, their ability to continue to work, their lifestyle, and so much more.
Ask yourself: “how long could he (or she) keep living like this if it weren’t for the insurance proceeds?” That’s the way to frame the discussion of “how much” life insurance.



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