1. We are experts at providing you with the
right policy at the right price.
100 Cummings Center
Suite 246C
Beverly, MA 01915
978-921-8147
FAX 978-921-8149
Supervising Office
51 Sawyer Road, Suite 210
Waltham, MA 02453
David E. De Cesare
FINANCIAL ADVISOR
Bradford P. Smith
FINANCIAL ADVISOR
Lincoln Investment Planning, Inc. — Registered Investment Advisor — Broker/Dealer Member FINRA/SIPC
4-Step Guide to Life Insurance 6
more appropriate.
Protecting your spouse or partner is important
Even if your spouse or partner doesn’t work full-time, it’s important that they own an
adequate amount of life insurance protection. Their income may not be substantial, but
their contribution to your household is significant. Imagine if you had to hire someone to
handle all of those responsibilities. It’s been estimated it would cost over $112,962 a
year to hire someone to do all the tasks a stay-at-home spouse manages.3
To get a quick idea of how much coverage you and your spouse or partner may need,
complete the worksheet below. For a more in-depth analysis, complete the worksheet
on page 8 or use our interactive calculator at www.tiaa-cref.org/needscalculator.
A quick estimate:
3
Gouveia, Aaron. “What’s a Mom Worth in 2012.” Salary.com www.salary.com/what-s-a-mom-
worth-in-2012. Accessed 22 June 2012
For you For your spouse or partner
Enter your gross
annual income.
$ __________________ $ __________________
Multiply by 10 x10 $ __________________ x10 $ __________________
Subtract any existing
individual or group life
insurance protection.
– $ __________________ – $ __________________
Suggested
coverage amount:
$ __________________ $ __________________
How much coverage is right for you?
Get a quick estimate by completing this simple worksheet.
A general recommendation is that you and your spouse or partner
each own 10 times your annual incomes in protection. This is
meant as a guideline. You may need more or less coverage based
on your personal situation. Please feel free to contact us for a
personalized analysis.
Ensure your family’s protection!
David E. De Cesare – Financial Advisor
ddecesare@lincolninvestment.com
Bradford P. Smith – Financial Advisor
bpsmith@lincolninvestment.com