The average adult American has roughly $170,000 in life insurance coverage, or about four times his or her gross annual income. It seems like a lot until you consider that you’re going to be dead a lot longer than four years.
Annual income before tax?: $ 
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Many experts suggest buying a life insurance policy equal to 10 to 20 times your annual income. Annual income is an important factor in determining your needs, but it’s not the only one.