Life insurance serves as the cornerstone of any sound financial program.
It can be used to provide a family with financial security, accumulate funds for a college education, supplement a retirement fund and much more. Keep in mind that loans and withdrawals will reduce both policy cash value and death benefit. Take our quiz to find out. Financial experts suggest that a family carry life insurance equal to five to seven times their annual household income, plus an additional one time annual salary for each child under 18. Just enter the figures for your family below and find out where you stand.