Life Insurance Coverage Calculator
Estimates the coverage amount you may need using the DIME method: Debts, Income replacement, Mortgage, and Education costs.
Credit cards, car loans, student loans, personal loans
Your current gross annual income
How many years your family would need support (typically 10–20)
Balance on your home mortgage today
Estimated total college or education costs for children
Total face value of all current life insurance policies
Fill in your details and click Calculate to see your estimated coverage need.
Estimated Coverage Need
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recommended life insurance coverage
Debt payoff
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Income replacement
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Mortgage payoff
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Education costs
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Less existing coverage
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Coverage gap
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This is a starting estimate using the DIME method. Your actual need may vary based on your specific situation, assets, and goals. A personalized review can refine this number.
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