First see: life insurance quotes on the internet. You need to first answer several other questions before you can answer that one. Here, you’ll find a bunch of questions, along with a concise explanation of why those questions matter.
Are you a parent with children who are your dependents? What are their ages? For parents or legal guardians, the main determinant for the amount of life insurance needed is the number of children they’ve and their ages. You can calculate your expected annual earnings for the number of years that it would take for the kids to complete college,if you’re the major earner in the family. You would then have a starting figure.