{"id":156,"date":"2020-09-30T04:00:00","date_gmt":"2020-09-30T10:00:00","guid":{"rendered":"https:\/\/www.insuranceblueridge.com\/blog\/?p=156"},"modified":"2020-10-01T09:21:05","modified_gmt":"2020-10-01T15:21:05","slug":"how-much-life-insurance-is-enough","status":"publish","type":"post","link":"https:\/\/www.insuranceblueridge.com\/blog\/how-much-life-insurance-is-enough\/","title":{"rendered":"How much life insurance is enough"},"content":{"rendered":"<p>Life insurance is how you offer protection to your loved ones if you pass away. The money from a life insurance policy can make a difference in what their lives will be like going forward. You want to make sure that nothing changes financially for them if you are no longer with them. Talking to the experienced agents at The Insurance Mart in&nbsp;Blue Ridge, GA can help you to decide how much life insurance is enough.&nbsp;<\/p>\n<p>Life insurance is not something that needs to be purchased all at once however when you are young and healthy the rates will be much more reasonable. You will also likely have insurance provided by your employer but while that adds to your safety net, it ends with your employment or you the rate to continue it may be higher than it needs to be.&nbsp;<\/p>\n<p>Determining how much life insurance is enough depends on a few factors.&nbsp;<\/p>\n<ul>\n<li>What is your age?<\/li>\n<li>Who is dependent on you?&nbsp;<\/li>\n<li>How much debt do you have?&nbsp;<\/li>\n<li>Are your final expenses taken care of?&nbsp;<\/li>\n<\/ul>\n<p>If you are young and healthy and have no dependents, you won&#8217;t need to carry a lot of life insurance. However, since term insurance is good for a term of up to 30 years, it is a good time to purchase life insurance with a view to the future.&nbsp;<\/p>\n<p>Once you have dependents, its time to make sure that you have the recommended amount of coverage. Experts suggest seven to ten times your annual income in life insurance. If you have young children, this is not as much coverage as it sounds like and you may want to consider more.&nbsp;<\/p>\n<p>Deciding how much life insurance depends on your lifestyle and the needs of your survivors. Talking to a trusted independent insurance agent like&nbsp;The Insurance Mart in&nbsp;Blue Ridge, GA is a good way to start. Give our office a call to set up an appointment for a no-obligation quote.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Life insurance is how you offer protection to your loved ones if you pass away. The money from a life insurance policy can make a difference in what their lives will be like going forward. You want to make sure that nothing changes financially for them if you are no longer with them. Talking to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[8,5],"class_list":["post-156","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-blue-ridge-ga","tag-the-insurance-mart"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"Life insurance is how you offer protection to your loved ones if you pass away. The money from a life insurance policy can make a difference in what their lives will be like going forward. You want to make sure that nothing changes financially for them if you are no longer with them. 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