Wondering how much life insurance you really need?
Use the DIME method:
Debt: Add up all your outstanding debts.
Income: Multiply your annual income by 10.
Mortgage: Include your remaining mortgage balance.
Education: Estimate future education expenses for your kids.
This gives you a solid estimate of your life insurance needs.
Plus, if you're in decent health, you can save a lot by opting for traditional term life insurance instead of mortgage protection insurance.
Want to learn more? Comment 'Life' to set up a life insurance consultation.
Don't wait until it's too late!
Credit - kayla_rae_the_realtor
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