The so-called "Double Ten Law" means that "the insurance amount shall not exceed 10 times of the family income" and "the total family premium expenditure shall account for 10% of the family annual income".

For example, a white-collar worker with an annual income of 6.5438+10,000 yuan is also the head of the family, so his total life insurance coverage can be simply defined as below 6.5438+10,000 yuan. Those who have the ability can buy this amount of 6.5438+0 million yuan, those who have no ability can halve it (if the spouse has considerable income), and those who are not at ease can buy 70%.

For a family with an annual income of 6.5438+0.5 million yuan, all family members have to spend 8% ~ 654.38+00% of life insurance premiums every year. If it is too much, it will increase the expenditure pressure and affect other consumption and investment. If it is too small, it will not be able to meet enough protection needs.