According to multiple of earnings method, the rule of thumb used by many insurance agents is that your insurance coverage should be equal to 5 to 10 times your current income. For example, if you currently earn $70,000 a year, using the multiple of earning method then you need between:

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Wissem GHARBI · Accepted Answer

$350,000 and $700,000 life insurance

Wissem GHARBI · Answer

$300,000 and $700,000 life insurance

Wissem GHARBI · Answer

$400,000 and $700,000 life insurance

Wissem GHARBI · Answer

$390,000 and $800,000 life insurance

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Suggested answer: D

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