Life PolicyFinder

Needs-based planning tool

Life Insurance Needs Calculator

Estimate the gap between the financial support your household may need and the resources already available. Every input stays in your browser and is not submitted.

Your planning inputs

Estimate the financial gap

Avoid double counting. If housing, childcare, or another goal is already included in the annual support gap, do not add the same expense again unless the overlap is intentional.

$

The annual amount survivors may need after other expected income—not automatically gross pay.

Estimate how long survivors may need that support.

$

Enter the total replacement cost for the period you intend to address.

$

Include only the amount you want the policy to address.

$

Loans, credit balances, or business obligations.

$

Use a household goal amount rather than a national average.

$

A planning estimate—not a prediction of actual costs.

$

Count only accessible resources reserved for these same needs.

$

Use the current in-force benefit after any known adjustments.

$

Check the amount, eligibility, end date, and plan rules.

$

Include only accessible amounts not already reflected in another input.

How the estimate works

A transparent starting point

The calculator multiplies the annual household support gap by the years entered, then adds caregiving and household services, mortgage, other debts, future goals, and final or transition expenses.

It subtracts only the verified individual coverage, employer coverage, dedicated savings, and other confirmed survivor resources you enter. It displays the remaining gap without rounding; when entered resources meet or exceed entered needs, it displays $0.

It does not verify any input or account for taxes, legal responsibility, survivor-benefit eligibility, investment returns, inflation, policy costs, underwriting, or every household circumstance. Use the result to compare assumptions—not as an automatic recommendation.

Before you request coverage

  • Check the amount, eligibility, end date, and plan rules before counting employer coverage.
  • Include unpaid caregiving and household work without counting the same cost inside income support.
  • Avoid counting retirement, housing, education, or emergency funds needed for another purpose.
  • Compare the gap with an amount, duration, and premium that remain subject to carrier underwriting.
Read the full needs-and-offsets guide

Independent guidance. No-obligation quotes.

Ready to compare life insurance options?

Share a few details to explore coverage choices. There is no obligation to apply.

Compare Life Insurance Quotes