Are you married, with children, a mortgage, or other outstanding debts? 

Chances are you need life insurance to assist your dependents should you pass away. (Even if you don’t have ANY of those things, you should STILL consider life insurance!)

Take a typical family, for example, a husband, wife, and two children. If the husband passes away, the wife is left with one income to provide for the three of them. A single income to pay for everyday expenses, save for college, two grown children, and fund a future retirement plan.

If there were a lump sum of money available to help the wife in this scenario, it would be ideal. Life insurance for teachers was designed for this primary need!

How Much Life Insurance Do I Need?

Many school districts offer life insurance based on your employment. If you are a member of the NEA (or other local/ state teacher organizations), there is a voluntary life insurance benefit available through them.

How much life insurance you need depends on who you are, what life stage you’re in, what debts you have, and what goals you’re working towards! 

Life insurance is a custom plan for everyone, and one size rarely fits all. 

For many trying to use a rule of thumb, you should aim for 20x your annual salary in coverage. But of course, an analysis of your situation is the best way to determine how much life insurance you need. 

Once you know how much life insurance you need, the cost of getting this insurance can vary on the type of insurance you buy. 

Need Recommendations?

Speak with a friendly Counselor at National Educational Services!

Work with an insurance broker that can show you the best prices on life insurance policies. Still not sure how much life insurance you need, or what kind to buy? 

Don’t hesitate to speak with a Life insurance counselor at National Educational Services; we can help you get the best policies for an affordable price. Please contact us if you need life insurance help.

Fill out the form below, and we will get in touch!