You need life insurance, but how do you know if you need $100,000, $250,000, $500,000
or more? Our easy-to-use calculator will help determine the right amount of coverage
for you.
Life Insurance Needs Calculator
Income
1.
Annual income your family would need to live comfortably in your absence
(typically 60 – 80% of your current
household income)
2.
Annual income your family would have from other sources
Annual income to be replaced
3.
Number of years your family would need this replacement income
Expenses
4.
Funeral and other final expenses
5.
Mortgage and other debts
6.
Estimated college costs
Assets
7.
Savings and investments (
don't include retirement savings)
8.
Total face amount of all life insurance policies you own