To see if you have an adequate amount of life insurance: | |
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Fill in the total amount of life insurance you currently have. | $________________ |
Scratch out the last four digits. | $________________ |
Double the number you have left. | $________________ |
Multiply this number by 30. | $________________ |
Within a few dollars, this is the amount of interest income your present coverage will provide your family each month, if you could get a 7 percent return on your money. | |
Now Subtract your current monthly expenses | $________________ |
EXAMPLE: | |
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Fill in the total amount of life insurance you currently have | $100,000 |
Scratch out the last four digits | $10 |
Double the number you have left | $20 |
Multiply this number by 30 | $600. |
Within a few dollars, this is the amount of interest income your present coverage will provide your family each month, if you could get a 7 percent return on your money. | |
Now Subtract your current monthly expenses | $_______________ |
If you need more, please call: Klaas Tuininga 4055 Valley Commons Dr Suite B Bozeman MT 59718 (406) 586-0765
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