This calculator will help you assess your life insurance needs.

1. Estimating For You onlyYou & Spouse
2.  
3. Annual Gross Income ($)
4. Other Annual Family Income ($)
5. Outstanding Mortgage Balance ($)
   Make Sure This Amount is Covered in the
   Estimate of Insurance Needs For

     You   Spouse   Both
6. Estimated Monthly Living Expenses ($)
   Make Sure This Amount is Covered in the
   Estimate of Insurance Needs For

     You   Spouse   Both
7. Loan and Credit Debts ($)
   Make Sure This Amount is Covered in the
   Estimate of Insurance Needs For

     You   Spouse   Both
8. Medical Costs, Probate & Funeral Expenses ($)
9. Other Debt ($)
   Make Sure This Amount is Covered in the
   Estimate of Insurance Needs For

     You   Spouse   Both
10. Annual Inflation Rate %
11. Estimate of Liquid Assets ($)
12.  
13. Estimate of Retirement Assets ($)
14. Total Existing Life Insurance Coverage ($)
15. Lifestyle Maintenance (Years)
16. Number of Children 01234

• Make Sure This Amount is Covered in the
  Estimate of Insurance Needs For

    You   Spouse   Both

• Child 1

  • Annual College Costs (in today's dollars)
  • Number of Years in College

  Child 2

  • Annual College Costs (in today's dollars)
  • Number of Years in College

  Child 3

  • Annual College Costs (in today's dollars)
  • Number of Years in College

  Child 4

  • Annual College Costs (in today's dollars)
  • Number of Years in College
• Make Sure This Amount is Covered in the
  Estimate of Insurance Needs For

    You   Spouse   Both
• Estimated Annual Increase in College Tuition %

• Mortgage Balance
    (Spouse)
• Amount to Pay Monthly Bills for 6 Months
    (Spouse)
• Loans and Credit Cards
    (Spouse)
• Medical Costs, Probate & Funeral Expenses
• Other Debt
    (Spouse)
• Total Debt
    (Spouse)
• Additional Monthly Childcare Costs
    (Spouse)
• College Costs
    (Spouse)
• Total Child Needs
    (Spouse)
• Amount of Cash Reserve Requested
    (Spouse)
• Total Protection Needed Before Considering Current Asstes
    (Spouse)
• Liquid Assets
    (Spouse)
• Retirement Assets
    (Spouse)
• Life Insurance Coverage Currently in Force
    (Spouse)
• Total Assets
    (Spouse)
• Recommended Amount of Additional Life Insurance Needed
    (Spouse)