Calculators › Life insurance
Life insurance coverage gap calculator
Group cover through work often ends when the job does, so counting it as permanent protection is how most coverage gaps go unnoticed.
This is an educational tool, not a quote or advice. It uses general formulas and the figures you enter. Policy terms, state rules and insurer practice vary, so check anything important with a licensed agent.
More life insurance calculators
Life insurance needs
Work out how much life insurance your family would need using the DIME method: debt, income, mortgage and education.
Income replacement
Calculate the lump sum needed to replace your income for a set number of years, adjusted for investment growth.
Human life value
Estimate the present economic value of your future earnings, the classic underwriting basis for maximum life cover.
Final expense needs
Add up funeral, burial, medical and administrative costs to size a final expense policy.
Mortgage protection
Work out the life cover needed to clear your mortgage, and how that need falls each year.
Term vs whole life
Compare the total cost of term life plus investing the difference against a whole life policy.