Life Insurance Needs Calculator

Using the DIME method: Debts, Income, Mortgage, Education

Household Basics

40
10 years

Cash and non-retirement savings

Debts and Final Expenses

Mortgage

Education

0

Recommended Coverage

$1,000,000

Total Need Before Offsets

$1,000,000

Offsets Applied

$0

Coverage Breakdown

Component Details

Income Replacement $1,000,000
Mortgage $0
Education $0
Debts $0
Final Expenses $15,000

Coverage Band

Minimum (90%) $900,000
Target (100%) $1,000,000
Stretch (110%) $1,100,000

Consider your comfort level and any special circumstances when choosing coverage within this band.

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This calculator is an educational tool. Results are estimates and not a recommendation. Coverage decisions should consider your full financial picture and product suitability.

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