When you pass away, they will get the death benefit amount of $ 500,000. (insurechance.com)
This means you can exchange or convert your term insurance policy for a whole life insurance policy with the same death benefit amount of your term insurance policy. (term-life-online.com)
Most disability insurance companies allow a maximum benefit amount in the 50 - 60 % range of your current monthly gross income. (insuranceandestates.com)