OMC 10 Ansca Suffit Org

Many financial advisors typically recommend that you have at least enough life insurance and liquid assets to equal a multiple of five times your annual income, ignoring inflation, and seven to eight times your income factoring in inflation.  If you have children it is better to have too much insurance than not enough.  It is better to buy too much life insurance when you have a young family, this is because it is easy to find low cost life insurance, especially for young families, when the need for life insurance is greatest.  When you buy life insurance you should aim high, at the end of the day it is for the people you love who survive you, too much is far better than too little.