Calculator / Life insurance
Life Insurance Needs Calculator
Organize the obligations a life insurance benefit might help address. This educational estimate is free to use and does not ask for contact information.
Methodology and limitations
Formula: (annual income × replacement years) + mortgage + other debt + future obligations + final expenses − existing life insurance − liquid assets intended for these needs. This is a planning framework, not individualized financial, tax, insurance, or legal advice.
Source: NAIC: Life Insurance