Life insurance calculator
How much life insurance do I need?
Enter a few numbers to estimate the coverage that would keep your family on track. Nothing you type here is saved or sent anywhere.
Questions
About this calculator
How is this estimate calculated?
It uses the DIME method agents often start with: income replacement for the years your family would need it, plus your mortgage, other debts, final expenses and future education costs, minus coverage and savings you already have.
Should I buy exactly this amount?
Treat it as a starting point. Your agent can fine-tune it for things like a spouse's income, Social Security survivor benefits and inflation.
What term length should I choose?
Pick a term that lasts until your biggest obligations end, such as your mortgage payoff or your youngest child finishing school.