Life insurance is something we all need. The question then becomes how much is the right amount to have. The value of an insurance policy is referred to as the “face value.” This is also known as the death benefit. Either way it means the amount that the policy will pay out in the event of the policyholder’s death. When you are considering life insurance, understanding all the expenses involved is crucial to determining how much you will need. Then from there you can determine how much above that amount is needed by reviewing your life needs. This will vary from person to person and