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How Much Do I Need?



Take a moment to think about how much life insurance you need. It might not be that simple to come up with an answer. To get started, think about the answer to these questions: What would life be like financially for your loved ones if you were no longer there? Would they be able to maintain their standard of living? Could they cover the cost of final expenses? Would they be able to cover other outstanding debts?

Although it may be difficult to think about answers to these questions, it makes it that much more important to take stock of your needs today. With too little, your loved ones might not receive all the financial protection they deserve.

To help determine your needs, think about the following items that can affect your family's standard of living:

Final Expenses Burial/funeral costs, medical bills, lawyer’s fees
Emergency Fund Money to cover unexpected expenses
Outstanding Debt Mortgage, credit cards, loans
Replacement Income Cover the cost of replacing your income
Education Expenses Tuition, room and board, books, etc.
Current Assets Savings/checking account, retirement savings, other investments
Other Life Insurance Total amount of life insurance coverage you currently have

At AAA Life Insurance Company, we make it easy to help determine how much life insurance you need—both today and as your situation changes over time.

Use our Life Insurance Needs Calculator to help estimate how much life insurance you currently need.

Once you have a better understanding of what your needs are, find out which type of life insurance is a best fit for you.

What Kind is Right For Me?

Our Life Insurance Specialists are ready to talk to you about your life insurance needs. Just give us a call at 1-888-422-7020  to get started.