Coverage calculator

How much coverage do you actually need?

This uses the DIME method — Debt, Income, Mortgage, Education — the same arithmetic a licensed agent starts from. It runs entirely in your browser. Nothing is sent to us unless you ask us to look at it.

Income replacement

Your annual income

Years of income to replace10 years

A common rule of thumb is until your youngest is out of the house.

Debt

Mortgage balance remaining

Other debts — car loans, credit cards, student loans

Education

Number of children

Final costs

Funeral and final expenses

The median US funeral with burial runs about $8,000–$10,000, before medical bills and estate costs.

What you already have

Existing life insurance, including through work

Savings you'd want to use for this

Only count what you'd actually be willing to spend down.

Estimated coverage gap

$1,030,000

Income replacement$750,000
Mortgage$250,000
Other debts$15,000
Final costs$15,000

This is a general estimate, not a recommendation or an offer of insurance. The DIME method is a starting point — it doesn't account for taxes, inflation, Social Security survivor benefits, your spouse's income, or anything specific to your situation. A licensed agent will work through the real number with you.

How this number is built

Debt

Every balance that would outlive you — car loans, credit cards, student loans, medical bills — plus the cost of settling an estate.

Income

The paycheck your household would lose, multiplied by the number of years your family would still need it.

Mortgage

What's left on the house, so the people you leave behind get to stay in it without a monthly scramble.

Education

What it would cost to get each child through school, at today's tuition rather than the number you remember.

Estimated gap$1,030,000