People say life insurance should cover 10 times your income, but as a financial adviser I can tell you that isn't always enough

Ariel Skelley/Getty Images Many life insurance experts say you should purchase 10 times your income in term life insurance coverage. As a financial adviser, however, I tend to believe that's not nearly enough. While term life insurance coverage is meant to replace your income if you pass away, don't forget to account for future college tuition, family debts, and other factors that could impact your family for years to come. Life insurance is one purchase where there are no second chances. Make s...