This is how much life insurance that you actually need! Using the DIME method. #lifeinsuranceagent #lifeinsurance | Nate Blevins
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This is how much life insurance that you actually need! Using the DIM…
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A common approach to estimating how much life insurance you may need is using the DIME method. It stands for: • Debt: Add up all debts, including mortgages. • Income: Calculate financial protection needs (5-10 years). • Mortgage: Include any mortgage balance. • Education: Estimate the cost of children’s education. You may be able to generate a well-rounded estimate that reflects your needs using this method, but consulting with a financial representative is recommended. | Western & Southern
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