Survivor Needs Calculator

Calculate Your Life Insurance Needs: Click here: Survivor Needs Calculator

When purchasing life insurance, the question really isn't how much you need, but rather how much capital your spouse and children will need at the time of your death, which depends on two variables:

1) How much will be needed at death to meet immediate obligations?

This amount takes into account all final expenses, including uncovered medical bills, funeral and estate settlement costs, your mortgage balance, other outstanding debts and college costs for your children.

2) How much future income is needed to sustain the household?

This is the number you'll arrive at after calculating the "present value" of your family's cost of living after your death.