I signed up for $1 million of life insurance before I ever had a family, and it sounds like a lot — but if I could do it again, I’d get twice as much
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- Eric Rosenberg signed up for a $1 million life insurance policy shortly before starting a family.
- Life insurance policies should be picked based on your family’s projected expenses for housing, utilities, food, and other needs. Some households may want more insurance to cover major future costs like a college education or a mortgage payoff.
- To figure out how much coverage he needed, he multiplied