What Is The Highest Life Insurance Policy? 
There 's not really any `` maximum '' to the face amount that can be put on a life insurance policy . There are limits to what a person can purchase however . In general , the maximum a carrier will allow for the face amount of a policy is usually 20x income - some carriers may go up to 30x income . For example , a person making $ 100,000 a year could request a coverage amount up to $ 2,000,000 . Whether or not they will get approved at this amount is another issue . A policy has to be suitable to a person 's need for the coverage . You also have to be able to write the check -LRB- and you want to make sure you can write it comfortably -RRB- . If someone is making $ 50,000 a year and requests a policy for $ 5,000,000 of coverage , the carrier is going to ask why you need it and will likely decline it even if you 're in perfect health , or they may come back and say we will approve you for coverage , but only up to a face amount of $ 1,000,000 . 