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Life insurance coverage calculator

Estimate a coverage amount using support needs, outstanding obligations, and existing resources.

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Adjust the example values to reflect the needs you want to cover.

Use the support others would need, including the value of unpaid work where relevant.
Whole years, from 0 to 100.
For example, debts or final costs not already included in annual support.
Count only assets actually available for these needs.
Count cover expected to remain in force; avoid counting the same resource twice.

Choose your inputs, then select calculate coverage.

How the estimate works

The arithmetic is: annual support × years, plus additional obligations, minus dedicated assets and existing cover, with a floor of zero. It treats future dollars as if they have the same value today.

This estimate excludes inflation, taxes, investment returns, and changes in household needs. It does not assess policy eligibility or affordability. A zero result does not mean insurance is unnecessary. Review your needs and any existing workplace coverage with a licensed insurance professional.

Read the NAIC life-insurance guide · Make a coverage checklist