Insurance Calculator
Please use our Insurance Calculator to determine how much insurance you will need:
Term Life Insurance Calculator

1:

Final Expenses (Funeral, Medical,
Legal):


2:

Pay off all mortgage balances:


3:

Pay off all loans or debts:


4:

Education Fund for children:


5:

Other Cash Needs (taxes, emergencies):


6:

Annual family income needed (less
spouses income):


7:

Number of years above income required:


8:

Estimated interest rate earned on
invested income:


9:

Estimated annual inflation rate
(3% avg. last 10 years):


10:

Subtract value of assets (RSPs, Funds, Cash):
(Only include portion of savings spouse would use right away.)




Total Cash Needs:



Total Income Needs:



Subtract Value of Assets:



The amount of life insurance required:



