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How Much Life Insurance Does Your Family Actually Need?

Explore how income, debts and family goals affect a life insurance needs estimate. Adjust the assumptions, then continue to our secure form to compare term life quotes.

Your inputs
Planning assumptions
Your estimate
Explore coverage needs
Compare options
Continue to term life quotes
How old are you?

Age helps set this calculator’s planning horizon. This tool does not calculate premiums or determine eligibility.

35
1870
What is your annual household income?

This determines how much income your family would need to replace if something happened to you.

$100,000
$25K$1M+
Tell us about your family

Your family structure directly impacts how much coverage makes sense.

💍
Married / Partner
👤
Single

Spouse/partner's annual income

$50,000
$0 (stay-at-home)$300K+
Do you have children?

Each child adds to your long-term financial responsibility, including future education costs.

🚫
No kids
👶
1
👪
2
👪
3
👪
4+

Age of your youngest child

5
Newborn18
What is your remaining mortgage balance?

Many families want enough coverage to pay off the mortgage so the surviving family can stay in the home.

$300,000
$0$3M+
What about other debts?

Student loans, car loans, credit cards, personal loans. Anything your family would be responsible for.

$25,000
$0$300K+
How much do you have in savings and investments?

Savings accounts, 401k, IRA, brokerage accounts, and other liquid assets. These reduce the coverage gap.

$50,000
$0$2M+
Do you currently have any life insurance?

Employer-provided coverage, individual policies, or any other life insurance you carry today.

$0
$0$2M+
What matters most to you?

Select everything that applies. Use these priorities when reviewing your needs with an agent.

Replace my income for my family
Pay off the mortgage
Fund children's education
Eliminate debts
Leave a legacy / inheritance
Build cash value over time
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