Term Life Insurance

How much Term Life Insurance should you have? You should have at least 8-10 times your income in a renewable Term Life Insurance. This insurance is there to replace your income if something should happen to you. If you earn $90,000 a year, you should have $900,000 in term life insurance. If this money is than placed in a good mutual fund an individual could pull 10% interest out each year and receive $90,000.