[et_pb_section fb_built=”1″ make_equal=”on” specialty=”on” padding_top_2=”20px” padding_right_1=”50px” padding_top_bottom_link_1=”false” padding_top_bottom_link_2=”false” padding_left_right_link_1=”false” padding_left_right_link_2=”false” custom_css_main_1=”border-right:1px solid #eeeeee;” _builder_version=”4.21.0″ inner_width=”100%” inner_max_width=”1250px” inner_module_alignment=”center” custom_padding=”60px|35px||35px|false|true” top_divider_color=”#3390ff” top_divider_flip=”vertical|horizontal” top_divider_arrangement=”above_content” global_colors_info=”{}”][et_pb_column type=”3_4″ specialty_columns=”3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_row_inner _builder_version=”4.16″ custom_padding=”20px||1.75%||false|false” global_colors_info=”{}”][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_button button_url=”\/life-insurance-101″ button_text=”Life Insurance 101″ module_class=”button_icon_right” _builder_version=”4.16″ custom_button=”on” button_border_width=”0px” button_letter_spacing=”0px” custom_padding=”0em|0em|0em|0em|false|false” global_colors_info=”{}”][\/et_pb_button][et_pb_text _builder_version=”4.16″ header_font_size=”38px” custom_margin=”||||false|false” custom_padding=”||||false|false” locked=”off” global_colors_info=”{}”]<\/p>\n
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Everybody needs a different amount of life insurance based on their individual situation. But it basically comes down to how much money your loved ones would need to remain on firm financial ground if your earnings were no longer in the picture.<\/p>\n
To get started, it helps to consider a few questions like: \u00a0<\/p>\n
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[\/et_pb_text][et_pb_text _builder_version=”4.16″ header_3_font=”|600|||||||” global_colors_info=”{}”]There\u2019s no way to know the exact dollar amount your loved ones would need if you were to pass away.<\/p>\n
But there are three easy ways to get an estimate of what that amount would be. (Keep in mind that experts recommend erring on the side of caution and buying a little more life insurance than you think you may need.)<\/p>\n
One of the simplest ways to get a rough idea of how much life insurance to buy is to multiply your gross (a.k.a. before tax) income by 10 to 15. Another popular formula recommends adding $100,000 to that amount for each child\u2019s college education expenses.<\/p>\n
Another way to get a ballpark figure of how much life insurance to buy is to calculate the following:<\/p>\n
Perhaps nothing is easier than a life insurance calculator, which is why we developed our Life Insurance Needs Calculator. Just answer a few questions to get an idea of how much life insurance to buy.[\/et_pb_text][\/et_pb_column_inner][\/et_pb_row_inner][et_pb_row_inner module_id=”calculator” _builder_version=”4.16″ width=”100%” custom_margin=”||||false|false” custom_padding=”||||false|false” locked=”off” global_colors_info=”{}”][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”4.16″ background_color=”#00c67f” custom_padding=”60px|40px|60px|40px|false|false” animation_direction=”left” global_colors_info=”{}”][et_pb_text _builder_version=”4.16″ header_2_font=”|300|||||||” header_2_text_color=”#3390ff” header_2_font_size=”36px” header_3_text_color=”#ffffff” background_layout=”dark” custom_margin=”||||false|false” custom_padding=”||||false|false” saved_tabs=”all” locked=”off” global_colors_info=”{}”]<\/p>\n
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Answer a few simple questions to estimate the amount of life insurance coverage you need to take care of your family.<\/p>\n
This is an estimate only. For a complete assessment, contact a financial professional.<\/p>\n
[\/et_pb_text][et_pb_button button_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjEwODE3In19@” button_text=”Get started” module_class=”button_icon_right” _builder_version=”4.16″ _dynamic_attributes=”button_url” custom_button=”on” button_bg_color=”#ffd92f” button_border_width=”0px” background_layout=”dark” custom_margin=”50px||||false|false” custom_padding=”0.5em|2.5em|0.5em|1.5em|false|false” locked=”off” global_colors_info=”{}” button_bg_color__hover_enabled=”on|hover” button_letter_spacing__hover=”1px” button_bg_color__hover=”#ffd92f”][\/et_pb_button][\/et_pb_column_inner][\/et_pb_row_inner][et_pb_row_inner _builder_version=”4.16″ custom_margin=”4%||||false|false” global_colors_info=”{}”][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_text _builder_version=”4.16″ global_colors_info=”{}”]<\/p>\n
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One of the best ways is to work with a financial professional who can walk you through the entire process. If you don\u2019t have one to work with, check out our\u00a0locator<\/a>. You can also work directly with an insurance company. Here are\u00a0company partners<\/a> that support our non-profit mission and can assist you in getting coverage directly or through one of their financial professionals. The key is to start today.<\/p>\n [\/et_pb_text][\/et_pb_column_inner][\/et_pb_row_inner][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.14.2″ text_font=”Montserrat|600||on|||||” text_font_size=”15px” custom_margin=”0px||0px||false|false” custom_padding=”58px|||20px|false|false” global_module=”2892″ global_colors_info=”{}”]<\/p>\n Learn more<\/p>\n [\/et_pb_text][et_pb_sidebar orientation=”right” area=”et_pb_widget_area_1″ show_border=”off” _builder_version=”4.21.0″ body_text_color=”#002838″ body_font_size=”14px” body_line_height=”1.3em” custom_margin=”||||false|false” custom_padding=”20px||||false|false” global_module=”2893″ global_colors_info=”{}”][\/et_pb_sidebar][\/et_pb_column][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" How much life insurance do I need?Everybody needs a different amount of life insurance based on their individual situation. But it basically comes down to how much money your loved ones would need to remain on firm financial ground if your earnings were no longer in the picture. To get started, it helps to consider […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":3116,"menu_order":6,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-2781","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\n