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How much term life insurance coverage do I need?

Determining How Long You Will Need Coverage

There are many factors to consider when taking out a term life insurance policy, including how much coverage you will need. Some of the factors you should consider include:

- how long you will need the policy
– what your death expenses would be
– if your life will undergo any major changes during your policy, such as marriage or birth of children
– if you have any additional protection for dependents in the event of your death, such as mortgage life insurance.

These factors will help you decide what term life insurance coverage amount is best for you.

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