Coverage Calculator – How Much Insurance Do You Really Need?
Stop guessing.
In 30 seconds our calculator tells you the exact dollar amount of life, disability or liability coverage your family would need to replace your income, wipe out debts and fund future goals.
Why Accurate Coverage Matters
Under-insuring leaves your family cash-strapped; over-insuring drains your budget.
This calculator weighs your after-tax income, existing debts and the years your loved ones would need support.
Use the result as a baseline for term life, whole life, disability income, umbrella liability or even key-person coverage.
Revisit after salary raises, new mortgages or life events like marriage or childbirth to keep your policy aligned with reality.
How often should I recalculate?
At least once a year or after any major financial change—new home, new baby, promotion, or debt payoff.
Does the result include inflation?
The base figure is nominal.
Add 2–3 % per year if you want an inflation-adjusted safety margin.
Is this the final amount I should buy?
It’s a strong starting point.
A licensed agent can factor in employer benefits, existing savings and Social Security survivors’ benefits to fine-tune the number.
