Calculate Your Needs for Life Insurance

Knowing the exact amount can be tricky, but our life insurance
calculator can help you find the right life insurance coverage
amount for your loved ones.

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According to the National Funeral Directors
Association, the average cost of a funeral is $8,755.

$50,000

How much do you think your funeral will cost?

To find out how much life insurance you'll need, just tell us a little about yourself and we'll take care of the rest.

Do you have debts your family will need to pay?

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Include all outstanding debts including mortgage, student loans, credit cards, car loans, a family business, etc.

$1,000,000

How much is your current debt?

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Estimate how many years it will take to pay off all of your debts.

0 years

30 years

How long will it take to pay off?

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Tuition can vary from $36,000 for a public 4-year college to $120,000 or more for a private 4-year college.

Do you have college-bound children?

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Tuition + room & board can vary from $85,000 for a public 4-year college to $194,000 or more for a private 4-year college. Remember to add up costs to include all children.

$1,000,000

How much college tuition do you
want to provide in total?

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This will help determine how long you may need a life insurance policy to be in effect.

0 years

25 years

How many years until your youngest
child graduates college?

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Even if you're a stay-at-home parent, funds will be needed to pay for child care and other household tasks. The Insure.com Mother's Day survey estimates $65,000 a year for these responsibilities

Will your family need to replace your
annual income or have an emergency fund?

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Think of the amount your family will need each year without your contribution.

$500,000

How much annual income would your family need to
maintain its current standard of living without you?

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You should consider your age and the ages of those in household.

0 years

30 years

How long do you want coverage to last?

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Consider who else besides your family you may want to leave money to, such as a charity, and include that amount here.

$1,000,000

How much additional money do you want
to leave your heirs?

In increments of $100 k

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The earliest age that a person can start receiving Social Security retirement benefits is age 62 and full benefits may not be available until age 67.

0 years

31 years

How long until you retire?

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