Life Insurance Calculator

Try some of these simple ways to calculate how much insurance you need to buy?

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How to calculate how much life insurance coverage you need:

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• Insure your current debts (mortgage, loans, credit cards)

• Insure future anticipated debts and financial obligations

• Insure future income for a number of years (7 yo 10 years x your current annual income

• Insure future educational costs (estimate of $100,000 per child)

• Insure your final funeral expenses $15,000

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We recommend that you insure your current debts as a minimum. If your budget allows then include additional coverage for future debts and income replacement

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All insurance agents and brokers are required to offer you an insurance needs analysis.  You can decline this complimentary service​