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.


Subscribe to email feed


Contact Information

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

Elkton location »
211 West Main Street
Elkton, MD 21922



Looking for insurance you can rely on at a price you can afford? With 45 years of experience serving clients throughout Maryland, Delaware and Pennsylvania, Lassen, Marine & Webster has the knowledge and resources to design a plan that’s right for you.


Personal umbrella coverage is designed to give you additional liability protection above and beyond the limits on your home or auto policies. This protection kicks-in when any claim exceeds the limits already set by your determined insurance policies and protects you from potentially disparaging claims.

Basic insurance coverage may protect you in the event of a fire or auto collision, but in the event of a catastrophic event such as a child being seriously injured on your property or a fatal auto accident, basic liability coverage can fall far short in a large settlement.

Personal umbrella insurance can offer you peace-of-mind while protecting assets such as college funds and retirement savings from legal liability claims. Coverages include, but are not limited to:

  • Bodily Injury
  • Property Damage
  • Personal Injury
  • Defense Costs