Colorado Insurance

Life Insurance

Life Insurance

How much life insurance do I need?

A mistake that we often see people make is basing their life insurance coverage on a guess, or just grabbing a number out of thin air without realizing what the impact of inflation could have on their life insurance proceeds.

One of the benefits of working with an independent agent like us is that we can sit down, and through a comprehensive needs analysis, determine the exact amount of coverage you will need to protect the people who depend on you.

The amount of coverage you need depends on a number of different variables. Here are a few examples:

  • How many children you have
  • Your future earnings potential
  • Whether or not you’re married
  • Spouses future earnings potential
  • You and your spouse’s age
  • Amount of debt you have

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