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000 ($50k) Life Insurance

$50,000 ($50k) Life Insurance

$50,000 ($50k) Life Insurance I’ve been receiving a lot of requests recently for a $50,000 term life insurance policy. Today, I want to address some misconceptions and problems with choosing this amount of coverage and recommend a better idea. When I ask a potential client “how much life insurance are you looking for,” I often hear “$50k.” Seems like a good amount, right? This will take care of final expenses, which are approximately $7k to $20k, pay off some bills and leave a little money for the kids or grand-kids. However, due to life insurance price bands and your needs, […]