Online Life Insurance Calculator

Top FAQs for Online Life Insurance Calculator

Life Insurance Calculator - How much life insurance do I need?

Find out how much life insurance you need with Bankrate.com's free life insurance calculator.

Life insurance is designed to help provide financial support to your loved ones after you pass away. If you’re wondering “How much life insurance do I need?” a calculator could help. Bankrate’s life insurance calculator helps you hone in on the factors that affect the level of life insurance coverage you may want to buy. We’ll walk you through how to use our calculator and how to find the best life insurance rates for your situation. While a calculator can help you estimate life insurance levels and costs, you may still want to work with a licensed agent or financial planner to ensure that your coverage level fits your needs.

To calculate your life insurance coverage level with our tool, you’ll fill in the required fields. These include your estimated burial expenses, the number of income-earning years you’ll want to replace for your beneficiary, the net income of your survivors, the values of your current investments and savings, the number of children your survivor will need to support and if you want to account for funding any one-time expenses for your survivors, like college expenses or a gift to charity.

Keep in mind that this is a death benefit calculator, which means you are estimating how much life insurance to buy. This tool is not a life insurance premium calculator and won’t show you how much life insurance will cost for you. While you may be able to find a life insurance cost calculator, your best bet is to get a life insurance quote from a company that suits your needs. Only an actual quote will give you an accurate idea of how much your life insurance will cost.

Decide why you’re buying coverage: To figure out how much life insurance to buy, you’ll first need to understand why you need life insurance. Your reason for purchasing coverage — be it to help a loved one pay off a debt, to replace your income when you are gone or to leave a financial gift — will play heavily into the amount of coverage you purchase.

Decide what type of policy you want: There are several different types of life insurance and they all work differently. Knowing what type of policy you’re looking for may help you decide how much coverage you need.

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Life Insurance Calculator: How Much Coverage Do You Need? - Policygenius

Category: Life Insurance Calculator

Use Policygenius’ free coverage calculator to find out how much life insurance you need — and estimate how much that coverage will cost per month.

Katherine Murbach is an a-sociate editor and a licensed life insurance expert at Policygenius. Previously, she wrote about life and disability insurance for 1752 Financial, and advised over 1,500 clients on their life insurance policies as a sales a-sociate.

Monthly cost estimates reflect the current average monthly life insurance premiums for the indicated profile/policy type across 10 policy options offered by insurers in the Policygenius marketplace. Product availability, your eligibility, and your individual rate may vary.

These estimates are for educational purposes only and shouldn't take the place of professional advice. Your coverage needs may vary based on other factors not considered here. Interested in more personalized quotes? Compare for free online, or call 1-855-695-2255 to speak with one of our licensed agents.

To find out how much life insurance you need, provide a few pieces of personal information, including your age and gender, along with details about your financial situation. This information will help us estimate how much coverage you should get, how long your term should be, and how much you can afford to pay.

Based on current offerings, women pay an average of 24% less for life insurance than men; women tend to live longer than men, so covering them is considered less costly by insurance companies.

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Life Insurance Calculator: How Much Do You Need? – Forbes Advisor

Category: Life Insurance

This life insurance calculator will help you find an estimate of your life insurance needs. Enter a few simple numbers to obtain instant results.

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Life Insurance 101 in Canada | How Life Insurance Works

17:48 - 2 years ago

Compare Term Life Insurance Quotes Online in Seconds → https://bit.ly/3uxDtAn Life insurance is one of the last things that you ...

Life Insurance Calculator | Insurance.com

Category: Life Insurance Estimate

A life insurance calculator can help you determine how much life insurance coverage you need using basic information about your financial situation.

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If you’re not sure how to calculate how much life insurance coverage you need, you’re not alone. A life insurance calculator can help you determine the amount of coverage you should be shopping for using basic information about your debts, income, dependents, and what expenses you need to cover with a life insurance policy.

If you already have a policy in place, you may still need supplemental coverage for your needs. (Note: We'll subtract prior policy amount from our estimate of your current policy needs)

Disclaimer: Your coverage needs may be lower depending on your savings, a-sets and retirement funds. Your coverage need may be higher if you want to provide funds for your beneficiaries to pay estate taxes. The amount of life insurance coverage you need could be less or more depending on how the surviving spouse chooses to invest the death benefit, and whether the surviving spouse chooses to work. The information in this tool should not be interpreted as legal or financial advice, or as a recommendation to buy or forgo any insurance product.

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Life Insurance Calculator | Lea County State Bank

Category: Life Insurance Calculator Life Insurance

How much life insurance do you need? Enter your current a-sets, expenses and income. You can also adjust the inflation rate and your expected rate of return to see how these variables can impact your insurance needs. Press the "View Report" b-tton to see a year by year breakdown of your family's future income and expenses.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

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Life Insurance Calculator for Coverage | Suffolk Credit Union

Protect the most important people in your life. Use the Life Insurance Calculator from Suffolk Credit Union to see how much coverage you need. Try it.

Our website uses cookies and other similar technologies to improve our site and your online experience. By continuing to use our website you consent to cookies being used. Click here to view our Privacy Policy for more info.

Suffolk Federal Credit Union DBA Suffolk Credit Union in New York offers personal and business banking services on Long Island. Our banking solutions include checking accounts, savings accounts, mortgage loans, HELOC, rewards credit cards and much more. Bank online, with our mobile app, or visit one of our branch locations in Medford, Commack, Eastport, Islandia, Miller Place, Port Jefferson, Riverhead, Sayville, Southampton, and West Babylon.

You are leaving Suffolk Credit Union website and entering one that is operated by a third party. Suffolk Credit Union is not responsible for this site's content or availability and does not represent this third-party or you in any transaction. The privacy and security policies of this site also may differ from those of Suffolk Credit Union.

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Life Insurance Calculator › Beacon Community Bank

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Life Insurance Calculator: How Much Life Insurance Do I Need?

Category: Life Insurance Calculator Life Insurance

How much life insurance do I need? This life insurance calculator is simple to use and will quickly show you how much you should have with just a few...

It figures the amount of investment capital your family will require at the time of your death to pay for immediate expenses (funeral, bills, etc.) and also provide future income to sustain the household.

Funeral cost, estate taxes, etc. ($): Total Debt - Mortgage, cars, credit cards ($): Amount needed for emergency fund ($): Amount needed for college fund ($): Estimated annual living expenses ($): Surviving spouse's after-tax annual income ($): Social Security Death Benefit Estimate ($): Surviving spouse's current age (#): Total current investments (stocks, bonds, cash): Expected survivor's investment strategy: Conservative Aggressive

When calculating your life insurance needs, the goal is to buy enough to pay for your immediate funeral expenses and still provide sufficient investment capital to financially secure your dependents after you’re gone.

After you’re gone, you will want your family to receive enough funds to support them for years until they can care for themselves. It is the responsible thing to do so your family doesn't end up indigent.

One frequently overlooked point is you may not need to provide for them in perpetuity. Dependent children should be able to care themselves after college, and your spouse may remarry or launch a new career.

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Life Insurance Calculator | Progressive

Category: Life Insurance Calculator

Before you start comparing life insurance quotes, figure out how much coverage you need with this online life insurance calculator.

Calculating your life insurance needs starts with determining how much coverage you should get to provide for your loved ones once you're gone. Our life insurance calculator lets you compare different scenarios to calculate what level of life insurance coverage suits your life and priorities.

How much money would your family need if you passed away unexpectedly? You can dive right into the calculator below to find out how much life insurance you need, or you can start by gathering some basic info from these articles first:

Enter the values about your income, your family's income (if there are multiple earners), family size, and the various expenses you'd like your life insurance to cover. The life insurance calculator will retain your values after you complete it once. If you want to compare different scenarios, simply adjust the values and re-submit to see the difference in life insurance calculation. You may also wish to consult your financial advisor to determine if this estimate makes sense for your particular circumstances.*

*This calculator is for illustrative and educational purposes only. Its accuracy and applicability to your circumstances is not guaranteed. You may wish to consult your own advisor regarding your particular circumstances.

Please note: The above is meant as general information to help you understand the different aspects of insurance. Read our editorial standards for Answers content. This information is not an insurance policy, does not refer to any specific insurance policy, and does not modify any provisions, limitations, or exclusions expressly stated in any insurance policy. Descriptions of all coverages and other features are necessarily brief; in order to fully understand the coverages and other features of a specific insurance policy, we encourage you to read the applicable policy and/or speak to an insurance representative. Coverages and other features vary between insurers, vary by state, and are not available in all states. Whether an accident or other loss is covered is subject to the terms and conditions of the actual insurance policy or policies involved in the claim. References to average or typical premiums, amounts of losses, deductibles, costs of coverages/repair, etc., are illustrative and may not apply to your situation. We are not responsible for the content of any third-party sites linked from this page.

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Life Insurance Needs Calculator – Life Happens

Category: Life Insurance

Answer a few simple questions to estimate the amount of life insurance coverage you need to take care of your family.

Think about how much money your family will need to cover daily living expenses. This is typically 60-80% of your individual post-tax income. Don’t include college savings, childcare or any debts that you would like to pay off immediately (such as your mortgage), since those are covered in other questions.

Think about how long you’ll need the additional income to support you and your family. If you have children, that might be when your youngest child graduates high school or college, or longer.

Consider how much it will cost for childcare services in your area and how long you’ll need them. If you’re a stay-at-home parent, you’ll likely need to pay for childcare services if you are no longer around to watch your children. Keep in mind that childcare needs will change as your children get older. While young children may need full-time childcare, it may no longer be needed as they get older and can stay home on their own while you’re at work.Not sure how much you would need? Check out Care.com to estimate childcare costs in your area.

Edit responses Income replacement This is the present value of future income needs. The calculation a-sumes an interest rate of 4% and inflation rate of 2%. $ 0 Debt to pay off $ 0 Childcare $ 0 College fund Projected college costs include tuition, fees, room and board. The amounts being used are for the average 4-year education provided by The College Board. $ 0 Emergency fund $ 0 Burial cost This may include uncovered medical costs, funeral expenses, and final estate settlement costs. Note: If your estate is over $1,500,000 your final expenses may be much higher due to federal and state estate or inheritance taxes. $ 0 Current insurance ($ 0)

Based on the information you provided your estimated life insurance need is: $ How this was calculated: Income replacement $ Debt to pay off $ Childcare $ College fund $ Emergency fund $ Burial cost $ Current insurance $ Now that you have an idea of your life insurance need, take the next step and get the coverage you need. Visit lifehappens.org for more information on finding an agent or company to work with.

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Life Insurance Calculator - Calculate Life & Term Insurance Premium Online - ICICI Bank

Category: Life Insurance Life Insurance Calculator

Life insurance premium calculator: Use our life insurance calculator to calculate your life and term insurance premium based on your age, policy term, premium frequency & sum a-sured to plan your financial goals.

Now personalize your Debit Card as you like. Pick and choose from a gallery of 200+ awesome designs or choose one of your own pics and flaunt it all the way

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Life Insurance Calculator: Free Online Tool

Category: Life Insurance

Life Insurance Calculator: Free Online Tool

Our accurate life insurance calculator will help you get a better understanding of how much would it cost to protect your loved ones with accurate life insurance quotes from our partners. Asking yourself 'how much life insurance do I need?' All you need to do is answer a few basic questions and you will be given an exact calculation of your life insurance premium costs from our partners, tailored specifically to you based on the information that you provide.

Easy to get a sales person but after a death they are not accepting to pay the policy don't waste your money the local offices are gone and you will not collect the policy

AIG has not been the same since the scandal of 2009. Unfortunately I took out a 30-year term policy with them so I'm stuck but they have done two updates on their website and it automatically sets things like your payments to auto pay etc wait times are horrible and if you do have a claim you are going to jump through many hoops and hurdles no matter how many years you have paid on your policy as they do everything to try and not pay out any of your policy amount and then they try to but limits of liability on the person that died giving you a lower payout than once you've been paying on all this year. Please at all costs avoid AIG as I am now sitting on hold again for an hour and 13 minutes trying to make a payment because they updated their website once again and have enrolled me in reoccurring payments which is not a good thing when you pay from several different accounts. I don't normally review but I don't want anybody to have to deal with this and they're constant updates with their websites to put things in their favor and the way you're treated if you have to try and get a payout from AIG the rating has slipped from 5:00 to 3.2 but look up the huge scandal in 2009 and you are understand what I'm saying thank you

What Mass Mutual promised us, we would come to find out was a series of lies that would leave us owing them hundreds of thousands of dollars, instead of them owing us that. I cannot stress how important it is that when you are looking for life insurance, you RUN away from Mass Mutual as fast as you can. My husband and I set up life insurance plans over two decades ago. During our initial conversations, they showed us what our projected income would be at retirement. In addition, hey showed us what our guaranteed cash surrender value would be and that we would not have to pay premium, because our dividends would cover it (which we have on recording). Now, I’m 70 and ready to retire and cash out on our policy, but Mass Mutual is coming back to us saying that we owe THEM close to half a million dollars, because we didn’t pay our premium, even though we have it on record that this was them who told us to do it. Moreover, the guaranteed cash surrender value was ¼ of what was promised at the time of sign up. So, now not only have LOST what we thought we had to retire with, but they are saying we need to pay them. If you are looking for a life insurance plan, look elsewhere. You won’t find out how crooked they are until it’s too late. If you are currently using Mass Mutual, look at your plan NOW, do not wait. Do not let them screw you over the same way that they did us. They are doing nothing to work with us or try to rectify their mistakes. They would not return my calls. It’s absolutely crushing for myself, my husband and for my family. WE are currently reporting them to all state and Federal agencies.

MAS Singapore states you may consider filing a complaint via the FIDReC: emailing [email protected]. FIDReC is located at 36 Robinson Road, 15-01 City House, Singapore 068877. We submitted a complaint today as our Claim for January 2022 has been ignored since July despite submitting all the documents requested.

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Life Expectancy Calculator | John Hancock

Category: Life Insurance

See how you’re your lifestyle impacts life expectancy and learn how life insurance can help you plan for today and tomorrow with our life expectancy calculator.

Your "projected life expectancy" is based on information provided by you. This material is intended to promote awareness and is for educational purposes only. Life expectancy based on 2015 VBT Primary Table. Life Expectancy (LE) tables are based on actual mortality experience collected from sources such as life insurance companies and the Social Security Administration. LE tables show the average probability of death by a certain age. The LE data provided is not necessarily indicative of life expectancy, and the insured may live longer than indicated by the table. The LE tables used are not tailored to a particular situation or risk class; rather, they are based on population averages and are presented to help form a generalized idea of potential ages at death. 1 High-density lipoprotein (HDL) cholesterol is known as the "good" cholesterol because it helps remove other forms of cholesterol from your bloodstream. Higher levels of HDL cholesterol are a-sociated with a lower risk of heart disease. Source: Mayo Clinic “HDL cholesterol: How to boost your 'good' cholesterol” by Mayo Clinic Staff, November 10, 2020 https://www.mayoclinic.org/diseases-conditions/high-blood-cholesterol/in-depth/hdl-cholesterol/art-20046388 Insurance products are issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA 02116 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595. MLINY101121760-1 ">

Your "projected life expectancy" is based on information provided by you. This material is intended to promote awareness and is for educational purposes only. Life expectancy based on 2015 VBT Primary Table. Life Expectancy (LE) tables are based on actual mortality experience collected from sources such as life insurance companies and the Social Security Administration. LE tables show the average probability of death by a certain age. The LE data provided is not necessarily indicative of life expectancy, and the insured may live longer than indicated by the table. The LE tables used are not tailored to a particular situation or risk class; rather, they are based on population averages and are presented to help form a generalized idea of potential ages at death. 1 High-density lipoprotein (HDL) cholesterol is known as the "good" cholesterol because it helps remove other forms of cholesterol from your bloodstream. Higher levels of HDL cholesterol are a-sociated with a lower risk of heart disease. Source: Mayo Clinic “HDL cholesterol: How to boost your 'good' cholesterol” by Mayo Clinic Staff, November 10, 2020 https://www.mayoclinic.org/diseases-conditions/high-blood-cholesterol/in-depth/hdl-cholesterol/art-20046388 Insurance products are issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA 02116 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595. MLINY101121760-1

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Life Insurance Premium Calculator - Calculate Life Insurance Premium Online

Category: Life Insurance

Check Life Insurance Premium Calculator to calculate your Cheap Life Premium Plans online at InsuranceDekho.

Life Insurance Premium Calculator helps an individual to estimate the amount premium in a simple and quick manner. Life insurance premium calculator displays life insurance policies that fulfill an individual's requirements within their budget. The life insurance premium calculator tool helps an individual to compare several plans before making the purchase. Life insurance premium calculator helps selecting a life insurance plan which is best suitable for the potential buyer. Life insurance premium calculator helps in determining the premium of the life insurance according to certain factors such as age, gender, sum a-sured, riders, Body Mass Index (BMI), personal habits etc. of an individual.

The online tool of life insurance premium calculator helps the policy buyers find out life insurance premiums in a simple and quick manner. Life insurance premium calculators provide premium calculation results instantly. The online tool considers variables like age, gender, cover up, life cover, personal habits like consumption of tobacco/alcohol and more for calculating the life insurance premium amount.

Life insurance premium calculator at InsuranceDekho is an easy to use tool which helps a potential life insurance policy buyer make an informed decision for his/her life insurance. Below mentioned are some of the benefits of using InsuranceDekho Life Insurance Premium Calculator:

The tool helps you to opt for the highest possible life cover amount that suits your budget. An individual can also opt for additional benefits at the best possible rate of premium offered by the life insurance companies.

A life insurance premium calculator offers the flexibility to make decisions without the influence of an agent that generally affects your choice. It helps in making better decisions in terms of choosing a plan that best suits you.

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