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



Business owners in Harford and Cecil County can rest assured knowing there is a local, independent agent nearby able to access and customize insurance plans to meet the needs of your specific industry and situation.


No matter what type of business you’re in, it’s critical you make the right decisions regarding group health insurance. At Lassen, Marine & Webster, we offer information that will help you decide which health insurance plan is right for you and your staff, and is right for your budget.

Health insurance is complicated enough when you are dealing with it as an individual, but quickly becomes even more daunting when you are a business owner trying to provide affordable and comprehensive health care for your employees.

Lassen, Marine & Webster will customize a policy that is right for your business’ budget by working with group health care providers that can offer fully-insured or self-funded group health insurance options. Coverages include:

  • Health
  • Dental
  • Vision
  • Disability
  • Life