Life Insurance Calculator

Determine how much life insurance you need.

What This Number Means

This coverage estimate is only one part of the decision. Before you buy a policy, consider:

  • How much coverage would protect your family's needs

  • How income replacement and debts factor into the number

  • Whether current coverage falls short of the recommended amount

  • How future needs like education are factored in

  • Whether the gap changes as your circumstances evolve

How to Use This Calculator

1

Enter your income and debts: Input your income to replace and outstanding debts to cover.

2

Add future expenses: Enter anticipated costs like education or final expenses.

3

Include existing coverage and assets: Enter current life insurance and liquid assets available.

4

Review your coverage need: See how much life insurance you may need.

DISTINCT TAX

CONSULTING GROUP

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