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Every woman has different financial circumstances and goals.  So, there are no set instructions to tell you how much life insurance to buy.  Many times it comes down to balancing how much you think you need with how much you can comfortably afford in your budget.  The majority of women are grossly underinsured.  Many people only have 4 times their annual income in life insurance coverage.


Realistically, you should have 10 to 14 times your annual income in life insurance coverage.

Life Insurance Needs Calculator

CLICK the link above to calculate your specific needs.  This is by far my favorite calculator for estimating your families needs in the event of your death.



5 Reason To Use This Calculator


  1. Looks at IMMEDIATE and FUTURE financial obligations
  2. Specifies options for PUBLIC or PRIVATE college for your children
  3. Assumes you will NOT receive Social Security income (As Women and Americans, we can not count on this in our futures)
  4. Considers if you have a spouse that works, for how many years, and accounts for marginal tax rate
  5. Takes inflation rate into consideration when calculating a figure

You can call us directly at (619) 933-0736 if you need further assistance calculating your financial needs for life insurance.




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Ellen Edwards

Independent Life Insurance Agent at EM Insurance Services
Ellen Edwards is the owner of EM Insurance Services, an online life insurance agency. She is also the creator and lead blog writer of InsureTheQueen.com. You can find her on Google +, Twitter, and LinkedIn. Over the past 7 years, Ellen has successfully consulted individuals across the United States regarding their insurance needs. She is a proud single mom to two daughters and a son.