Every adviser, financial columnist, and relative has his or her own, perfect method for determining the right amount of life insurance. The three most commonly used methods are multiple of income, cover your debts, and human life value concept.
Tony Steuer, author of Questions and Answers on Life Insurance: The Life Insurance Toolbook, will be hosting a series of columns at Life Quotes, Inc about life insurance. He has over 25 years of experience, holds the Department of Insurance Analyst License (LA) as well as the Charted Life Underwriter (CLU) designation, holds varies leadership positions and author of three life insurance books.
Insurance companies are entrusted with huge amounts of money—in the $50 billion to $200 billion range in the case of … Read more
