Life Insurance Need Calculator

Submitted by souvik-grmtech on Fri, 04/24/2020 - 08:18

Life Insurance Need Calculator


Income Needs

Annual income your family would need if you die today: *

Annual income available to your family from other sources: *

Number of years for which your income needs to be replaced: 1


Burial expenses: *

Mortgage and other debts: *

Children's College Cost 2

Number of childen:



Savings and investments:

Retirement savings:

Present 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.