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Protecting Your Loved Ones With Life Insurance
Life insurance is one of the smartest ways to protect the people you love. But many families are unsure how much coverage they really need. Is $100,000 enough? What about $1 million?
The answer? It depends, because your needs are unique.
At Veracity LD, we help individuals and families determine the right amount of life insurance — based on lifestyle, dependents, debt, income, and long-term goals.
The right life insurance coverage isn’t one-size-fits-all , it’s custom-built for your life, your family, and your future.
Dr. Hillary Aza
Why Life Insurance Needs Are Personal
Your life insurance coverage should reflect your life. Are you single with no kids? Married with a mortgage? A parent of four with college-bound kids?
Everyone’s situation is different. That’s why choosing an arbitrary number without a strategy may leave your loved ones unprotected.
Your policy should provide enough to:
Replace lost income
Pay off major debts (like mortgages, car loans)
Cover funeral costs and medical bills
Fund your children’s education
Protect your partner’s or spouse’s lifestyle
Leave a legacy for your family or community
A Simple Formula to Get Started
One popular rule of thumb is to purchase 10 to 12 times your annual income in life insurance. So if you earn $60,000 a year, that could mean $600,000–$720,000 in coverage.
But this is just a starting point. You may need more (or less) depending on:
Your savings and assets
Existing debts
Dependents and their ages
Whether your spouse works or relies on your income
Future plans like college, retirement, or business
Review & Update Regularly
Life changes — and so should your coverage. If you’ve recently:
Gotten married or divorced
Had a baby
Bought a house
Changed jobs
Started a business
…it’s time to review your policy. Your insurance needs grow as your responsibilities grow.
We Help You Do the Math
Don’t leave your family’s future up to guesswork. At Veracity LD, we offer a free Financial Needs Analysis to help you calculate the right amount of life insurance based on your specific goals, income, and lifestyle.
📞 USA: +1 (817) 690-9889
📧 info@veracityld.com
🌐 veracityld.us
📅 Schedule a free consultation
