Life Insurance Calculator

How much coverage do you actually need? Factor in income replacement, debts, and future expenses.

Mortgage, car loans, credit cards, student loans
College, wedding, emergency fund
Current policies through work or private

Your Results

Recommended Coverage
Income Replacement
+ Debts
+ Future Expenses
− Existing Coverage
− Savings

Estimated monthly premium (term, healthy 30yr)

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Term life insurance can cost less than your streaming subscriptions. Compare quotes from top-rated carriers in minutes.

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How This Works

The standard rule of thumb: 10× your annual income — but that doesn't tell the whole story. This calculator adds your debts (so your family isn't stuck with them), future expenses (college, etc.), then subtracts what you already have covered and your liquid savings. The result is a realistic coverage number, not a guess.

Term vs Whole Life: Most people only need term — it's 5-15× cheaper and covers you during the years your family depends on your income. Whole life builds cash value but costs significantly more. For pure protection, term wins.