How much life insurance do you need?

Answer a few questions about your income, debts and family. Your number updates as you type.

Income

Yearly income your family would needAfter tax, what the household spends from your pay

Years they would need itOften until the youngest is grown or the mortgage is paid

Debts

Mortgage balance

Other debtsCar loans, lines of credit, credit cards

Children and final costs

Children to put through school

Education cost per child

Funeral and final expenses

Already in place

Life insurance you already haveIncluding group coverage through work

Savings and investments your family could use

Coverage to consider

$1,175,000

Rounded up to the nearest $25,000

Income replacement: $600,000
Mortgage and debts: $420,000
Education: $120,000
Final expenses: $25,000
Less what is already in place: ($10,000)

An estimate to start the conversation, not a quote or advice. Your real number depends on taxes, inflation, how your coverage is owned and your health.