You've worked hard to reach a place of financial stability. Started an emergency fund. Learned how to invest. Taken on a side hustle that has made your 5-to-9 as productive as your 9-to-5. And, ...

There's no set amount of life insurance everyone needs. A common rule of thumb is to have a policy with coverage equal to at least 10 times your annual income. The DIME method is another popular ...

To plan for your future Hybrid life insurance/long-term care policies can help take care of health care needs later in life ... NerdWallet conducts its data analysis and reaches conclusions ...

Kyle Moore isn’t shopping for life insurance but worries about what will happen should he ever need it ... They can submit a preliminary assessment to an insurer, to get an idea whether the ...

Jonathan Ponciano is a financial journalist with nearly a decade of experience covering markets, technology, and entrepreneurship. Suzanne is a content marketer, writer, and fact-checker.

When you're shopping for the best life insurance policy for you and your family, there are important decisions to make. We'll help you determine how much coverage you need, find the right type of ...

To watch more expert insights and analysis on the ... replaced with the use of life insurance. 01:20 Brad So what are some of the biggest reasons that people might need life insurance?

One method to determine coverage needs ... and ranks life insurance companies using an in-depth scoring system that considers the factors most important when buying coverage. Our analysis includes ...

That said, there are other methods to estimate how much life insurance you need. This includes taking all your final obligations into account, such as funeral expenses and outstanding debt ...

There are multiple formulas to figure out potential life insurance needs, including multiplying your income by 10 and the DIME (debt, income, mortgage and education) method. These methods don’t ...

Some methods to calculate life insurance needs include the human-life approach, multiplying income by 10, and the DIME formula. Regularly reviewing and updating your life insurance policy ensures ...