How much life insurance should I buy?

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This will depend on your life circumstances today, and what you may be able to envision for the near future.

For example, a young family might consider:

a) the amount needed to pay off a mortgage

b) a continuing income for the surviving spouse

c) future child education costs

d) credit card or other debt liabilities

e) funeral expenses, just to mention a few

Everyone’s situation is different. Talk to an insurance broker; not an insurance agent who works for an insurance company. A broker will get you the best policy at the best price.