THE SAMPSONS-A Continuing Case: Chapter 13 MyLab Finance The Sampsons want a life insurance policy that will provide for the family in the event of Dave's death because he is the major breadwinner. Specifically, they want life insur- ance benefits that could provide $40,000 per year for the next fifteen years in the event of Dave's death. Dave also wants to add an additional $300,000 of insurance coverage to provide support for Sharon through her retirement years because they have not saved money for retirement. 2. Considering the insurance benefits needed to provide $40,000 per year over the next fifteen years, plus the additional $300,000 of insurance coverage, what amount of insurance coverage is needed