1. What type of life insurance do you own?
Just my employer insurance which covers death, disability (short and long-term) and travel. I currently have no mortgage and no dependents, so it's not a big deal, but I do have the option to buy top-up insurance through my employer benefits when I do need it.
2. What factors did you consider when determining the coverage amount?
When I do decide to purchase additional insurance, I'll make sure I'm covered for the usual: funeral costs, mortgage, and education costs if I have kids.