Can You Have Too Much Life Insurance? 
Too much is whatever is more than you need . For example , if you are independently wealthy or have no dependents , any amount of life insurance is too much . For everyone else , too much is whatever is more than you need to cover your dependents and debts if you are gone . Otherwise , your money is put to better use if you pay off your mortgage and outstanding debt , invest in an IRA or college fund . Use a good life insurance needs calculator , to match your needs with the amount of coverage you should have . You can find one at WEBSITELINK 