One fundamental general rule is that the survivor benefit on your policy need to equate to seven to 10 times the amount of your annual salary. However, like any general rule, that isn't sirius google finance always especially precise. Another method of looking at it: You need to find out what income you desire to offer your spouse or other recipients when you die (what is life insurance).
The resulting number is the deficiency you'll desire to fill with life insurance. This interactive calculator can assist you get to a number. Let's say the shortfall is $25,000 a year. A standard insurance coverage concept states to buy a life insurance coverage policy that is about get rid of your timeshare 10 times that quantity, or $250,000 in this example.