http://www.lifeinsurancerates.com - This is a critical reason for every policy, whether users have dependents or not. By using this method, that you would need $350,000.00 (5 x $70,000.00) plus $167,000.00 ($100,000.00 + $15,000.00 + $12,000.00 + $40,000.00), or a entire of $517,000.00.