How Much Life Insurance Should You Carry? 
You should carry enough life insurance not to leave the people you love in a financial bind if you were to die today . You want enough to payoff a mortgage , eliminate all debt , educate your children if any , run your business if you have one , and leave an amount of at least ten times your income so your loved ones can invest the amount and the annual interest will replace your annual earnings . That is the responsible amount of life insurance to be purchased . 