Life Insurance Calculator

Answer the following questions to estimate your family's financial needs in the event of your death. Then click "Calculate" to see how much life insurance coverage you may need to provide for your family's future.

Help is available if you have any questions regarding the calculator.

Please note: This tool cannot consider every factor that might affect your insurance needs. Please use it as a guide only.

Your Family's Anticipated Future Financial Needs
1. Enter your family's expected monthly expenses
2. Estimate your family's monthly after-tax income(include income from any sources below)
Spouse's current income
Your family's Social Security benefit
Pension or other retirement plan benefits
Other Monthly Income
3. Enter a hypothetical after-tax rate of return on invested death benefits(%)
4. Add final expenses/estate settlement costs
5. Include mortgage balances & other outstanding debt
6. Estimate your children's educational needs
7. Estimate how many months you would anticipate using an emergency fund
Your Family's Available Financial Resources
8. Cash/savings/securities/other liquid assets
9. Current life insurance coverage
10. Lump sum distributions from retirement plans