Who Much Life Insurance Should I Have? 
If you have people who depend on you financially , you need life insurance . You need to consider three main areas in tabulating the amount necessary to protect your beneficiaries from suffering economic loss at your demise . You need to create a list all debt -LRB- like a mortgage , car loans , credit cards , student loans , future obligations -LRB- like education for your children and weddings -RRB- as well as your earning power to age 65 . Adding up each category will establish a solid foundation for the amount of life insurance you need . 