Life insurance calculator
How much life insurance do you need? Four numbers. The answer updates as you type.
Rounded up to the nearest $25,000. This is a starting point, not advice. An agent can help you fine tune it.
How this calculator works
It adds up what your family would need if your pay stopped: your pay for the years you pick, your mortgage, other debts, school money for each child, and final costs. Then it takes away coverage you already have and savings you could use.
This is close to the method many planners use. If you want the long version, read how much life insurance do I need.
Questions about this calculator
How is this number figured?
It adds your pay for the years you pick, your mortgage and debts, and a typical funeral cost, then takes away savings and coverage you have.
Should I count my work life insurance?
You can, but remember it usually ends when you leave the job.
Is this a quote?
No. It is a starting number. A licensed agent can show you real prices for that amount.
See your price in 2 minutes
Two minutes, a few questions, and a licensed agent shows you what it really costs. No exam needed for many plans.
About 3 in 4 people guess life insurance costs more than it does. LIMRA 2026