Life Insurance

How Much Life Insurance Do I need?

There is no set rule for determining the amount of life insurance you require as the level depends on a number of factors such as sources of income, how many people are dependent on your salary, your debts, and your lifestyle.

A general rule of thumb is between five and ten times your annual salary, however, if you are not sure what an appropriate amount is, you should discuss your needs with a registered insurance broker like Alliance Insurance Services.

 

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