Step 6 of 15
Life Insurance Needs
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Estimate the coverage required to protect your family’s standard of living if the unexpected happens.
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Coverage Assessment
Click calculate to see how much protection your household needs based on survivor living-standard analysis.
📖 Methodology & Guidance
Inputs: Income that needs to be replaced if a spouse passes away, dependents, and current debts.
Outputs: The Present Value (PV) of the survivor’s income shortfall over their life expectancy. This is the lump sum of insurance needed today.
How to use: Use this number to shop for an appropriate term life insurance policy rather than guessing the amount.