Life Insurance Replacement Calculator

How much life insurance does your family need?

What is this? Calculate how much life insurance your family needs. Factor in income replacement, debts, education costs, and final expenses.

Who it's for: Business professionals, contractors, and financial planners.

Income & Dependents

Annual Income ($)

Years of Income Replacement

Spouse's Annual Income ($)

Number of Children

Children's Avg. College Cost ($/child)

Existing Coverage & Assets

Existing Life Insurance ($)

Savings & Investments ($)

Debt to Pay Off ($)

Funeral Costs ($)

Coverage Analysis

Income Replacement

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Total Need

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Current Coverage Gap

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College Fund Needed

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Debts & Final Expenses

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Recommended Coverage

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Recommended Tools

Tools we trust for life insurance:

Policygenius →

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For educational purposes. Consult a licensed insurance agent.