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Step 2: Calculating your life insurance needs
Should something happen to you, how much money would your family need?
A general rule of thumb is to multiply your annual salary by 7.
Things you need to consider when calculating you life insurance needs includes:
 | Current debts, like house
mortgage and more. |
 | Expected expenses after your death. |
 | Your family future needs like children education,
and more. |
 | Your current insurance. |
 | Other assets you have, like savings, investment, properties and more. |
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