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How much life insurance do you need?
If you die, the financial impact for your dependents is the loss of the income that you provided.
The following will calculate the lump sum of money needed to provide a replacement income.
Life Insurance Needs Calculator
Gross annual income needed by dependents
$10,000
$12,500
$15,000
$17,500
$20,000
$22,500
$25,000
$27,500
$30000
$32,500
$35,000
$37,500
$40,000
$42,500
$45,000
$47,500
$50,000
$55,000
$60,000
$65,000
$70,000
$75,000
$80,000
$85,000
$90,000
$95,000
$100,000
$110,000
$120,000
$130,000
$140,000
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
$225,000
$250,000
$275,000
$300,000
$350,000
$400,000
$450,000
$500,000
$750,000
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
Number of years this income will be needed
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Estimate the inflation rate
0%
1%
2%
3%
4%
5%
6%
7%
8%
9%
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11%
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14%
15%
Estimate the interest rate
0%
1%
2%
3%
4%
5%
6%
7%
8%
9%
10%
11%
12%
13%
14%
15%
Your U.S. Zip Code
Birthdate
January
February
March
April
May
June
July
August
September
October
November
December
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2015
2016
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2019
2020
2021
2022
2023
2024
Gender
Male
Female
Smoker / Tobacco
No
Yes
Health Class
Preferred Plus
Preferred
Regular Plus
Regular
Type of Insurance
1 Year Level Term
5 Year Level Term
10 Year Level Term
15 Year Level Term
20 Year Level Term
25 Year Level Term
30 Year Level Term
35 Year Level Term
To Age 65 Level
To Age 70 Level
To Age 75 Level
To Age 80 Level
To Age 85 Level
To Age 90 Level
To Age 95 Level
To Age 100 Level
To Age 105 Level
To Age 110 Level
Other Term
10, 20, 30 Year Term
All Level Term Products
15 Year Return of Premium
20 Year Return of Premium
25 Year Return of Premium
30 Year Return of Premium
To age 65 Return of Premium
To age 70 Return of Premium
To age 75 Return of Premium
Other Return of Premium
15, 20, 30 Year with ROP
All Return of Premium Products
To Age 121 Level (No Lapse U/L)
To Age 121 Level - Pay to 100
To Age 121 Level - Pay to 65
To Age 121 Level - 20 Pay
To Age 121 Level - 10 Pay
To Age 121 Level - Single Pay
All To Age 121 Level Products
Calculate
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