Life Insurance Needs Calculator
Determine how much coverage you need to protect your family's future
Income Replacement
Debts & Obligations
Future Expenses
Assets & Existing Coverage
Coverage Breakdown
Income Replacement:
$0
Total Debts:
$0
Future Expenses:
$0
Subtotal Needs:
$0
Less: Assets & Coverage:
-$0
Net Coverage Needed:
$0
Recommended Life Insurance Coverage
$0
About This Calculation
This calculator uses the "needs-based" approach to determine life insurance coverage. It considers your income replacement needs, outstanding debts, future expenses, and subtracts existing assets and coverage. The recommended amount ensures your family can maintain their lifestyle and meet financial obligations. Consider reviewing this calculation annually or when major life changes occur.