Life Insurance Calculator

 

Are you considering life insurance? An online life insurance calculator will help you anticipate the amount of life insurance coverage you need before you speak with insurance companies. By using an life insurance calculator, you will be provided with vital information useful when discussing your life insurance policy needs and premium rates. No longer will your insurer be able to con you into taking out more coverage; you will know better.

 

Please fill out the following information in the life insurance calculator to receive an estimate of how much life insurance you need.

 

Basic Living Expenses:
Monthly Mortgage Payment ($ / Month)
Monthly Rent ($ / Month)
Monthly Living Expenses ($ / Month)
Child Care Expenses ($ / Month)
Insurance Expense ($ / Month)
Other Basic Expenses ($ / Month)
Years of Basic Expenses Covered (Years)
Significant Future Expenses:
Number of Children
College Tuition ($ / Year)
Children's Wedding ($)
Funeral Expense ($)
Eldercare for Parents ($ / Year)
Years of Eldercare (Years)
Outstanding Loans and Debt:
Credit Card Balanced ($)
Car Loan Balance ($)
Home Equity Loan Balance ($)
Personal Loan Balance ($)
Mortgage Balance ($)
Assets and Savings:
Employer Savings Plan ($)
Home Equity ($)
Savings Accounts / Cash ($)
Employer Life Insurance ($)
Other Life Insurance ($)
Calculator Results:
Total Basic Living Expenses ($ / Year)
Total Basic Living Expenses ($)
Total Significant Future Expenses ($)
Total Outstanding Debt ($)
Total Expenses and Debt ($)
Total Assets ($)
Additional Life Insurance Needed ($)