
It is a known fact that everyone needs life insurance. You need to insure your life so your loved ones are protected. In case, anything happens, you will be assured that their future will be taken care of by the insurance payout. A life insurance Canada policy is essential, whether it is whole life insurance or term life insurance. A question that comes up while buying an insurance policy is how much life insurance is needed. What is the amount for which you need to insure your life? We look at the answers to this question.