How much insurance does a non-working spouse need?
In most cases the non-working spouse will be able to purchase up to 50% of the insurance that the working spouse has on his/her life. These maximums will differ by company, but as a general rule this amount can be up to $500,000 provided that the working spouse is insured for $1,000,000 in coverage. This coverage can be beneficial to the surviving spouse because it allows for career changes and time to care for the family after the death of a parent/spouse.
