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    Life Insurance Calculator

    Life insurance is probably something you don't often think about, but no financial plan is complete without it. And if you haven't yet put a plan in place, life insurance is a great place to start.

    To help you determine how much life insurance is appropriate for you and your family, we've developed this easy-to-use life insurance calculator. By providing some basic information on your family's resources, debt and expenses, current life insurance coverage and future income needs, the calculator will give you an estimate of the amount of needed life insurance coverage. Please complete the information below and enter only whole numbers. Click on buttons containing question marks to display a Help Box on a specific item.

     PROD:
    1

    Your Resources

    Assets amount is required.

    Assets amount should be a whole number.

    Coverage amount is required.

    Coverage amount should be a whole number.

    Next
    2

    Your Debt and Expenses

    Mortgage amount is required.

    Mortgage amount should be a whole number.

    Debt amount is required.

    Debt amount should be a whole number.

    Final expenses amount is required.

    Final expenses amount should be a whole number.

    Do you have dependents?

    Dependent care amount is required.

    Dependent care amount should be a whole number.

    Dependent care duration is required.

    Dependent care duration should be a whole number.

    Education amount is required.

    Education amount should be a whole number.

    Next
    3

    Your Needs

    Income replacement amount is required.

    Income replacement amount should be a whole number.

    Income replacement duration is required.

    Income replacement duration should be a whole number.

    Rate of return is required.

    Rate of return should be a whole number.

    CalculateReset

    Analysis

    {{ shortfall | currency : "$" }}

    It appears that you may have a shortfall of {{ shortfall | currency : "$" }} in your life insurance coverage. Please remember that this calculation is an estimate based on the information you provided, and should be reviewed with a qualified life insurance professional.

    Congratulations! It appears that you may have adequate life insurance coverage in place. This is a tribute to your planning and foresight. However, remember that this calculation is an estimate based on the information you provided, and should be reviewed with a qualified life insurance professional, as your needs can change.

    Find an Agent

    Your local Knights of Columbus agent will be happy to complete a free, comprehensive needs analysis for you and your family, which may uncover a greater or lesser need than this calculator.

    Find an Agent Find an Agent Join the Knights Today Join the Knights Today
    Knights of Columbus 1 Columbus Plaza New Haven, CT 06510 203-752-4000

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