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How much life insurance can you get?

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How much life insurance can you get?
The amount if life insurance you can get depends on several factors that the insurance company takes into consideration, including: 1. Your health status. 2. Your family's health history. 3. The amount of life insurance you already own. The insurance company doesn't want you to be over-insured. Most life insurance company will allow you to purchase up to 10 times your annual income, or more in life insurance. So, if you earn $100,000 per year, the insurance company may allow you to purchase up to $1,000,000 or more of life insurance. Answers Life insurance is something that you need to ensure that your loved ones are financially safe and secure, in case of your death. Therefore, it is always advisable to have the maximum insurance cover depending on your present needs. Life insurance needs are determined by various factors like: gross income, age, period, inflation rate etc. Refer to life insurance calculator: http://www.accuquote.com/term-life-insurance-calculator.cfm to determine approximate life insurance coverage for your particular situation
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