How much life insurance is enough

Most people are not experts on life insurance. As a matter of fact, it is a subject that is often shuffled to the back burner to be dealt with at some later date. Life is good in Reading, PA and It seems rather macabre to be thinking about dying when you have so much life left to live. Life insurance, however, is one of those things that are better purchased when you are young, preferably less than 35 years old. How much life insurance is enough is not a one size fit all kind of question. The knowledgeable agents at Berks County Insurance are there to ask the right questions to help you determine how much and what type of life insurance is best for you. 

  • Who are you responsible for?
  • Do you have a spouse, children, dependents or parents who count on your income in order to survive?  
  • How long would you need to provide income for the people who depend on you?
  • Do you have a mortgage or any other outstanding loans or debt? 
  • Have you provided for your final expenses? 
  • Do you want to leave a legacy to any of your dependents or to any other person? 
  • Do you have children whose education you want to provide for? For example a college education or private school in younger children. 

These basic questions will provide the information that is necessary to make a practical decision about the amount of life insurance that you will need to protect your family. If you live in Reading, PA or the surrounding area, it is time to talk to the team at Berks County Insurance. Why not give our office a call or stop by to discuss the amount of insurance that is enough for you in your particular situation and what type of insurance you should be purchasing.