How Do I Know How Much Life Insurance I Need? 
If you have family , business associates or charities that depend on you and would suffer financially at your demise , then you should consider life insurance . The amount of life insurance is based on your total debt including your mortgage , future financial obligations like childrens education and retirement as well as charities that you want to see go on into perpetuity . Then add your human value , the total income form now until retirement or age 65 . The total sum equals your life insurance need . 