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Jane and Vitorio are both professionals earning roughly $ 1 4 0 0 0 0 each annually. If one of them died and their debts

Jane and Vitorio are both professionals earning roughly $140000 each annually. If one of them died and their debts were gone, the survivor could easily live on their own income. They have a combined net worth of $950000. They have debts in the amount of a $250000 mortgage and car loans of $85000. In addition, they pay off their credit cards each month, usually around $21000. If anything should happen to either one of them, they want to leave their family debt-free. How much life insurance should they consider?
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None because their net worth is $950000.
They should each have a policy for $356000.
They should each have a policy for $335000.
They should each have a policy for $475000.

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