How Much Life Insurance Do I Need?

Let's figure out how much life insurance you may need. It will be based on information about you, your current financial situation and what your family might need in the event of your death.

What is your age
Are you Currently Employed?
Employment Details
i
Are you Married?
Marraige Information
i
Do you have any dependent children age 18 or under?
Children Information

Child #1

Child #1

Children's college education

Do you want to fund your children's college education?

  Pubic 4-Year Private 4-Year
Tuition and Fees $9,650 $33,480
Room and Board $10,440 $11,890
Total $20,090 $45,370
Do you have a mortgage you want to pay off upon your death?
Mortgage Information
Do you have any additional debt you want to pay off upon your death?
Debt Information
Are there sources of income available to your family at your death?
Additional income Details

Source of Income detail #1

Income Inflation Details

Do you expect this income to increase every year with inflation?

Do you have any financial/investment assets?
Financial/investment assets Information
Do you have any current annuities or life insurance policies?
Existing or pending annuities or life insurance policies information
Policy Information
Do you plan to replace, change, or use any monetary value of any existing or pending life insurance policy or annuity in connection with the policy being applied for?
Are you an active duty service member of the US Armed Forces, a member of the National Guard or an active reservist of the US Armed Forces?
Memeber of US Armed Forces

Interactive calculators are made available as self-help tools for independent use and are not intended to provide investment or tax advice, either expressed or implied. The Company cannot and does not guarantee their applicability or accuracy in regards to individual circumstances. All examples are hypothetical representations for illustrative purposes only. Questions regarding the information and interactive calculators should be discussed with a financial, tax and/or legal advisor. Seek personalized advice from qualified professionals regarding all personal finance issues.