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Need some help with
Life Insurance? Start Here.

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Your Credit Union has asked us to find the perfect Life Insurance for you.  Tell us a little about yourself and we'll make sure you have options that are specific to your needs.

How much Life Insurance do I need?

Mortgage balance

(or 10 years’ rent)

+

Other debt

(car loans, credit cards, & other bills)

+

Children's education

(if college, $10,000-$20,000 annually per full time student)

+

Final expenses

(including uncovered medical costs, funeral expenses, final settlement costs…at least $10,000)

+

Emergency fund

(3 months’ income)

+

Other expenses

(anticipated major costs such as home renovations, a new car, wedding, etc.)

+

Total lump sum needs (A)

=

0

Income to replace

(typically-two thirds of current annual income)

+

Number of years needed

(at least until youngest child is 18)

x

Income replacement need (B)

=

0

Total protection needed (A+B)

=

0

Minus current savings and investments

(not including savings used for daily living expenses)

Minus current life insurance

Recommended Coverage

=

0

This calculation is intended as a guideline only for selecting a coverage amount that would help your loved ones avoid a decline in lifestyle if they were to lose you. You may want to purchase more coverage, or less, depending on your family’s financial situation.