Life Insurance Calculator
Adjust the fields below to see your estimate update instantly
Your Information
$
Your gross annual income
yrs
Typically 10–20 years
$
Mortgage, car loans, credit cards, etc.
$
Savings, investments, existing life insurance
$
Estimated college / education fund per child
Coverage Estimate
Income replacement need$1,500,000
Debt payoff$50,000
Education fund$100,000
Gross coverage need$1,650,000
Less existing savings– $25,000
Recommended coverage$1,625,000
Recommended Policy
$1,625,000
Term life coverage estimate
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