How Much Term Life Insurance Do You Need? 
You should purchase enough term life insurance to cover all of the debt left behind for your loved ones plus at least 10 times your annual income . The thought is at ten times your income can be invested so your loved ones can live off of the interest with no debt . Be sure to purchase the right amount of term years as well . For example , if you have a 20 year mortgage be sure you have a 20 year term policy to offset that debt . Do n't worry if it is a bit too much , I have never had a widow say , '' that is just too much money '' when delivering a death claim check . 