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Life Insurance Need Calculator
Determine how much life insurance you'll need to meet the requirements of your loved ones in your absence. Use this tool to plan your insurance savings accordingly, keeping your family needs and expenses in mind.
Income Needs
tooltip1Annual income your family would need if you die today($)
tooltip2Annual income available to your family from other sources($)
Number of years for which your income needs to be replaced1
tooltip3Burial expenses($)
tooltip4Mortgage and other debts($)
tooltip4Children\'s College Cost2
Number of children

tooltip5Savings and investments($)
tooltip6Retirement savings($)
tooltip7Present amount of life insurance($)
For detailed discussion and analysis about your needs, ask the certified insurance agents.
1 Important note: Inflation is assumed to be 4%. The rate of return on investments is assumed to be 8%.
2 Source:The College Board, Trends in College Pricing 2003.

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