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Life Insurance Calculator
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Life Insurance Calculator
Life Insurance Calculator
How much life insurance do you have?
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Thinking only about the life insurance you personally have and the life insurance your spouse or partner has through work or another source, what is your best guess as to the total coverage or death benefit is?
What is your annual income?
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If you passed away how many years would you want your income replaced for?
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How many years would you want the money from the life insurance to last for your family in the event that you or your spouse/partner were to die prematurely?
What is the current balance of your mortgage?
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How much additional debt would your family need to pay off?
If you passed away how much debt would need to be paid off (credit cards, unpaid bills, etc..)?
How much additional money would you like your beneficiaries to receive?
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Total of additional expenses like: day care, house cleaning, lawn care, assisted living, or extra money for emergencies.
Would you like your life insurance coverage to pay for any of your children’s college education expenses?
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No
Yes
How many children would you like to cover college expenses for?
Public or private educations?
Public Educations
Private Educations
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