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Life Insurance Calculator

The purpose of life insurance is to replace your income should you die. It ensures that your family will be able to continue living as it does now. To determine how much life insurance you need, you must determine how much money your family will need in your absence over the course of many years.

This simple life insurance calculator can be used to obtain an estimate of how much life insurance you need. The calculator provides the user with a simplified estimate that is based on your monthly living expenses, future expenses, outstanding debt, and assets.

    Simple Life Insurance Calculator      
    Monthly Living Expenses ($ / Month)      
    Years of Covered Expenses (Years)      
    Large / One Time Expenses ($)      
    Outstanding Debt ($)      
    Available Assets ($)      
    Calculator Results:      
    Recommended Insurance Coverage      
    Total Life Insurance Amount ($)      

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