money tools

Life Insurance Needs

Calculator

Explore the financial obligations and family needs that may influence an illustrative life insurance amount.

Educational illustration • Your entries are not stored

Explore Your Protection Needs

Enter financial obligations, income-replacement needs, future family needs, and resources already available.

Immediate Obligations
$
$
$
$
$
Income Replacement
$
years
$

Income replacement is calculated from the annual amount entered, less any household income amount you choose to recognize, multiplied by the number of years entered.

Future Family Needs
$
$
$
Existing Resources
$
$
$
$
Report Details

Information entered here remains in your browser and is not stored by this explorer.

Illustrative coverage gap

$0

Immediate Obligations $0
Income Replacement $0
Future Family Needs $0
Existing Resources $0
What Makes Up the Illustrative Need
See how the major categories contribute to the total amount entered.
Mortgage & Debt $0
Income Replacement $0
Family & Education $0
Other Immediate Needs $0
Needs vs. Existing Resources
Compare the total illustrative financial needs entered with resources already available.
Total Illustrative Needs $0
Existing Resources $0
Educational Illustration Only. This tool is provided for general educational purposes to help organize financial obligations, income-replacement needs, future family needs and existing resources. The result is a hypothetical estimate based on the information entered and is not a recommendation for any specific amount or type of insurance. Actual insurance needs may differ based on personal circumstances, taxes, policy terms, existing benefits, estate considerations, dependants, affordability and other factors.

IMPORTANT INFORMATION

Educational Illustration Only. This tool is provided for general educational purposes to help organize financial obligations, income-replacement needs, future family needs, and existing resources. The result is a hypothetical estimate based on the information entered and is not a recommendation for any specific amount or type of insurance. Actual insurance needs may differ based on personal circumstances, taxes, policy terms, existing benefits, estate considerations, dependants, affordability, and other factors. This tool does not provide individualized financial, insurance, tax, accounting, legal, or estate-planning advice.