Basic Life Insurance EstimatorThis simple tool will give you a rough estimate of how much additional life insurance coverage you need to pay off debts and provide an annual income for your family after your death.
To use the tool, fill in the fields indicated on the worksheet, using numerals only. The calculations will be done for you. If a field is left blank, the tool will assume the correct value to be 0 (zero). Tip: If you need help with a question, click on "more info..."
Note: This calculator assumes an estimated rate of return of 7%.
Disclaimer:
Note that this needs-analysis calculator is merely a discovery tool useful for estimating the amount of life insurance you may need. Your individual situation may require more or different kinds of analysis. Please consult with your life insurance professional for a more comprehensive evaluation of your life insurance needs.
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