New question in Life Insurance FAQ

Posted on July 18, 2010 and updated September 9, 2010 in Life Insurance Canada News, Life Insurance FAQ 1 min read

New question in Life Insurance FAQ:

How much Life insurance do I need?

We have an online calculator that makes this process easy right here: https://lsminsurance.ca/calculators/canada/needs-analysis.html. The formula breaks down as, Existing Assets, (including all the life insurance that’s currently in-force) minus Current Liabilities and Income Replacement Needs, equals The Amount of Insurance Needed for Adequate Coverage.

Read more questions about Life Insurance FAQ.

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Ruby Clifton
Ruby Clifton

A very useful calculator indeed!