Life insurance coverage calculator
A policy face amount is not the same thing as enough coverage. This page begins with the other side of the ledger: what protection is already in force, how long it is expected to last, and which obligations you want it to cover.
Enter current coverage only after checking what it actually is. Employer benefits, an old term policy, and permanent coverage may behave very differently when work, health, or time changes.
Coverage tally
Your planning range
Audit of your tally (midpoint)
| Planning range (midpoint) | — |
When this page helps
You have more than one policy and want a combined view; you are checking whether employer coverage changes the gap; or an existing term policy is nearing its end.
When it does not
Do not use a raw coverage gap to cancel a policy or change beneficiaries. Policy contracts and household needs require a fuller review.
Employer plus individual term: $250,000 group and $500,000 individual against a $1.3M planning need About a $550,000 gap Ask whether group coverage follows after employment.
$1M existing coverage against a $780,000 mid need Surplus on the sheet Inspect dates, beneficiaries, and goals — not proof every decision is settled.
Common traps
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Questions
It is the difference between the planning need you selected and life insurance coverage you entered as already in force. It is a review signal, not a purchase recommendation.
Related
This is a planning estimate, not insurance, legal, tax, or investment advice, and not a recommendation to buy a policy.