Determining your life insurance needs sounds trickier than it actually is.   The important thing is to first determine whether you need life insurance, which kind is best for you and carefully calculate how much you need.


Before you attempt to choose a specific life insurance policy, you may want to have some idea of the size of the policy you should consider. Some basic preparation will help to make sure that your family will have the financial resources needed in the event of your death. This will give you a starting point for discussion of your life insurance needs with your financial planner.