Not sure how much life insurance you need? Our free calculator makes it easy to find out what’s right for your family. Let’s get started!
Consider how many years your family will need financial support to replace your income (5 to 10 years is common).
Based on your salary, you'll want your life insurance policy to cover at least:
Add up all of your debts, including student loans, auto loans, personal loans, credit cards, and mortgages.
Consider your family’s current and future expenses. How much will they need to cover things like daycare, tuition (including college), or even your funeral?
Consider all of your assets that can easily be converted into cash. Let’s add them up and deduct them from the total amount of life insurance you’ll need.