You know all those inspiring songs and speeches that encourage you to live like it’s your last day on Earth? Turns out that’s a good mindset for calculating how much life insurance you may need.
And, to make it easier, we created a life insurance needs estimator to walk you through the many factors to consider.
The fields in our Life Insurance Needs Estimator are listed by importance. So, as you fill it out, pay special attention to the first three fields: paying off your mortgage, replacing your income and final expenses. The other fields are good to consider but not a necessity.
Pay off your mortgage
Replace your income
Pay final expenses
Pay for college
Pay off debts
Donate to charity
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