Frequently Asked Questions

How much life insurance should an individual own?

Rough “rules of thumb” suggest an amount of life insurance equal to 6 to 8 times annual earnings. However, many factors should be taken into account in determining a more precise estimate of the amount of life insurance needed. Important factors include:
  • Income sources (and amounts) other than salary/earnings
  • Whether or not the individual is married and , if so, what is the spouse’s earning capacity
  • The number of individuals who are financially dependent on the insured
  • The amount of death benefits payable from Social Security and from an employer sponsored life insurance plan
  • Whether any special life insurance needs exist (e.g. mortgage repayment, education fund, state planning need, etc.)

Please contact us for a precise calculation of how much life insurance is needed.


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Contact Information

Churchville location »
2907 Churchville Road, P. O. Box 70
Churchville, MD 21028

Elkton location »
211 West Main Street
Elkton, MD 21922

At Lassen, Marine & Webster, our goal is to provide our clients with an insurance plan that is tailored to fit their insurance needs. Every client is assigned to an account executive and customer service agent who are licensed and qualified to answer all of their insurance questions.

How We Can Help:

  • Daily Service Requirements
    • Certificates of Insurance
    • Exposure Changes
    • Coverage Inquires
    • Billing Inquires
  • Annual Insurance Review – Upon request, we will conduct an annual review of your insurance policies to evaluate insurance values, levels of coverage changes in exposures, etc.
  • Review insurance requirements in Lease Agreements
  • Review Certificate Requirements
  • Provide assistance in the resolution of your claims.
  • Obtain and review loss runs
  • Monitor Insurance Services
    • Loss Control
    • Auditing
    • Claims
  • If needed, remarket your insurance program to our other insurance companies
  • Assist in Obtaining State Safety Credits
    • Workplace Safety
    • Construction Class Premium Adjustment
  • Inform you of new products or exposures specific to your insurance needs.