When buying life insurance, what benefit amount should I consider to cover my expenses

 When buying life insurance, one important benefit to consider is the death benefit, which is the amount of money the policy will pay out to your beneficiaries upon your death. This money can be used to cover expenses such as:

• Funeral and burial costs
• Outstanding debts and mortgages
• Lost income and future financial needs of your dependents
• College education expenses for your children
• Any other expenses that your family may incur as a result of your passing.

It's important to consider your current and future expenses, as well as the needs of your beneficiaries, when determining the appropriate amount of death benefit to purchase. You may also want to consider additional benefits such as living benefits, like cash value accumulation or the ability to borrow against your policy, which can provide financial assistance while you are living.