Insurance calculator

Answer a few questions to estimate how much life insurance could protect your family. It takes about two minutes.

About you

How old are you?

Your age today.

What is your yearly income before taxes?

In dollars. Include only income your family relies on.

How many people rely on your income?

A spouse or partner, children, parents.

For how many years would your family need that income replaced?

For example, until your youngest child finishes school or your spouse reaches retirement.

Home and debts

What is your remaining mortgage balance?

Enter 0 if you rent or own your home outright.

What other debts would you want paid off?

Student loans, car loans, credit cards and other loans.

Future goals

How much would you want set aside for your children's education?

Total for all children. Enter 0 if not applicable.

Any other goals you want covered?

Weddings, a family business, a gift to charity.

How much for final expenses?

Funeral and end-of-life costs. Optional.

What you already have

How much life insurance do you already have?

Include coverage through work. It may not follow you if you change jobs.

How much in savings and investments would your family use?

Do not count retirement money you would not want them to spend.

Talk it through with an advisor.

A licensed insurance advisor will answer your questions and explain every option. No pressure and no obligation.