Educational Disclaimer

This calculator is provided for educational and informational purposes only. Results are estimates based solely on the information you enter and assumptions used by the calculator. The results are not a recommendation to purchase a specific amount or type of insurance and should not be considered financial, tax, legal, or insurance advice. Insurance needs vary by individual circumstances. Consult an appropriately licensed insurance or financial professional before making insurance or financial decisions.

How the estimate is calculated

Estimated need equals annual income multiplied by years of support, plus remaining mortgage, other debts, education needs, final expenses, and other obligations. Available resources equal existing life insurance plus available savings and investments. The estimated gap equals need minus resources, with a minimum displayed gap of $0.

Important assumptions

The calculation uses today's dollar amounts. It does not model inflation, investment returns, taxes, Social Security or other survivor benefits, insurance exclusions, accessibility of assets, or changing expenses. Counting full income replacement alongside mortgage and debt balances may overlap needs if those payments are already included in your income budget. Check your assumptions carefully.

No quote or coverage guarantee

Entries are not used to determine eligibility or pricing. Results do not represent an insurer's underwriting decision or guarantee coverage, benefits, or financial security. A zero gap only means the resources entered meet or exceed the estimate under these assumptions.

Optional guidance

The calculator is free to use without providing contact information. Assistance is optional and may depend on professional licensing and availability in your state.