One way to decide what the right amount of life insurance is for your circumstances is to use a life insurance needs calculator.
With a life insurance calculator you answer some basic questions about your financial situation and your life insurance needs, and you get an instant, accurate estimate of the right amount of life insurance to meet your current needs.
In the past some insurance agents might recommend you buy 7-10 times your annual income in life insurance. So, if you made $30,000 per year they might recommend you buy $210,000-$300,000 of life insurance to provide adequate protection for your family.
However, the right way to determine your life insurance needs is to review your current financial obligations, your savings, and goals for the future, as well as consider who relies on your for financial support, and how much support you want to provide for your family.
Here's an article that review how much term life insurance you need and help's you use a life insurance calculator to quickly and easily find out how much life insurance is right for you.