Term Life Quotes
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How Much Term Life Insurance Coverage Should You Buy:

To determine how much life insurance you should have, add the following:

  • Mortgage balance or rent for 5-7 years
  • Final expenses (burial, misc. debts, etc.)
  • Childs education costs (College, private school, daycare, etc.)
  • Expenses or replacement income for a 5 - 7 year period (not including education, mortgage or rent)
  • Credit card, vehicle, student loans and other short term debt

Keep in mind inflation can influence the amounts, especially if you have a long term life policy

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