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Life Insurance Needs Calculator
Figure out how much life insurance coverage your family would actually need — based on income, debts, and future expenses.
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Your results
Recommended total coverage
$1,040,000
Current coverage
$0
Coverage gap
$1,040,000
Income replacement$750,000
Mortgage balance$250,000
Other debts$15,000
Final expenses$15,000
Education fund$40,000
Less: current savings−$30,000
A 10-year term policy for $1,040,000 typically costs $42–$62/month for a non-smoker in good health. Exact premiums require a quote.
Key terms:Life InsuranceBeneficiaryInsurance Policy
This is an estimate for planning purposes only. Actual premiums depend on your health, lifestyle, and insurer underwriting.
Life Vault
Store your life insurance policy documents in your TheJourneyOf.Life Life Vault. Unclaimed life insurance is one of the most common losses after a death.
See how this fits into your complete financial picture in TheJourneyOf.Life.
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