Most people have very little knowledge about life insurance and even less about the amount of life insurance that they should carry. This is a complex issue and there is no one answer that fits every person and every situation. Life insurance serves more than one purpose. It is part of a lifetime financial plan and is much more important than most people realize. At LeapFrog Insurance in San Antonio, TX the team has years of experience helping their clients to determine the correct amount of life insurance for their needs. 

In order to determine how much life insurance is right for you, you need to ask yourself a few questions. Who depends on you and your income. Do you have a wife and children, elderly parents, or others who would not be able to maintain their current lifestyle without you being able to support them? How young are your dependents and how many years will they be relying on your income? 

Do you have debt? Have you made arrangements for your final expenses to be paid? When you have answered these questions you will be able to come up with some idea of how much insurance you may need. Experts recommend that you have eight to ten years of salary in life insurance to protect your dependent children and if your children are even younger than that, it might even be more than that. This is just a starting point, all aspects of protection need to be considered as you come up with a viable figure for the amount of life insurance needed.

When you are ready to discuss your life insurance needs LeapFrog Insurance in San Antonio, TX is ready to sit down with you to come up with a plan to protect your dependents and to fit your budget. Life insurance comes in a variety of forms and no one plan is right for everyone.