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determine how much Life Insurance you will need given the following: Annual Income you would like to provide: $120,000 How many years should it be

determine how much Life Insurance you will need given the following: Annual Income you would like to provide: $120,000 How many years should it be provided: 10 years Debt to be paid off: $75,000 None for childcare No children needing college funding Emergency Funds: $25,000 Personal Life insurance you already have: $250,000 Answer the following questions What is your total need after plugging in the above information? What are the two main Main types of Life Insurance and give a brief description of each. What are two factors that can affect the cost of your life insurance? What are the two types of underwriting and what is the main difference between them?

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