| How Much Life Insurance Do I Need? Your age and income have a direct bearing on your life insurance needs. Generally, the younger you are, the more insurance you need to replace a loss of lifetime income for your beneficiary or beneficiaries. To calculate the recommended coverage, select your age category and determine the multiple of coverage. Multipy the coverage multiple by your annual income. |
| Your Age | Multiple |
| 20 - 30 | 15X |
| 31 - 40 | 15X |
| 41 - 50 | 10X |
| 51 - 60 | 7X |
| 61 - 65 | 5X |
| 66 and older | 3X |