Total family need
—
Before savings and existing coverage
How much life insurance do I need?
A simple starting point based on income to replace, major costs, and resources already available.
Resources available
—
Savings plus existing life insurance
Income replacement
—
One-time needs
—
Mortgage, debts, education, and final expenses
Additional coverage
—
A starting point to discuss
| Component | Amount |
|---|---|
| Income replacement | — |
| One-time needs | — |
| Total family need | — |
| Less: savings and investments | — |
| Less: existing life insurance | — |
| Additional coverage needed | — |