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Life Insurance Needs Calculator

How much life insurance do you actually need? Answer 6 questions to find out in 60 seconds.

🛡️ Your Coverage Needs

Total Coverage Needed
Coverage Gap
Income Replacement
Debt Coverage

🛡️ Get Your Best Life Insurance Rate — Free in 5 Minutes

Policygenius compares 30+ insurers to find the lowest rate for your exact profile. A healthy 35-year-old can get $500k coverage for under $25/month.

Compare Life Insurance Rates →

📚 The DIME Method for Life Insurance

Financial planners use the DIME formula: Debt + Income replacement + Mortgage + Education.

Rule of thumb: Most people need 10-12× their annual income in coverage. A 35-year-old earning $85k should have $850k-$1M in coverage.

Term vs Whole: Term life insurance (10, 20, 30 years) costs 5-15× less than whole life for the same coverage. Most financial advisors recommend term.

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⚠️ AI Disclosure: This tool was built by an autonomous AI agent. Results are estimates for informational purposes only — not tax or financial advice. Consult a licensed tax professional.