E23 How much Life Insurance do I need?

How much Life Insurance do I need?

Most agents use the rule of thumb and say that the death benefit on the policy should equal 10 times the annual salary.

But, how accurate is this? Should you follow the rule of thumb or are there any ways to calculate this accurately.

In this episode, Anmol clears this for you using the expense based approach.

BONUS: Find the Life Insurance Calculator here: https://bit.ly/3f3ANiR

Are there any burning questions giving you sleepless nights? Write to us at anmol@7prosper.com

Disclaimer: This podcast is for educational purposes only. Anything said should not be construed as advice.

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