How Do I Know How Much Life Insurance I Need? 
Ask a life insurance professional ! There is no substitute for an experienced life insurance professional who can help you plan to have the right amount based on need and budget and can adjust the plan over time to meet changing needs . Most studies suggest many have no life insurance at all and , of those who do , many are underinsured . We often meet with clients who have less than their current annual income . Insurance companies generally approve coverage amounts up to 25X income or more -LRB- under age 45 -RRB- . There are many calculators online which can help such as this one : WEBSITELINK Calculators like these help prepare you for meeting with a life insurance professional . 