Life Insurance Needs Calculator

Determine how much life insurance coverage you need to protect your family's financial future.

Income & Replacement

Annual Income (before taxes)

Years of Income to Replace How many years does your family need income support?

Debts & Obligations

Mortgage Balance

Other Debts (auto, student, credit cards)

Final Expenses (funeral, medical, legal) Average funeral costs $7,000-$15,000+

Education Fund (total for all children) Avg. 4-year public university: ~$100K per child

Family & Dependents

Number of Dependents

Spouse's Annual Income If spouse works, reduces coverage needed

Existing Resources

Existing Life Insurance Coverage Include employer-provided and personal policies

Savings & Liquid Investments Savings, brokerage accounts, CDs (not retirement)

Total Needs

Existing Resources

Coverage Gap

Needs Breakdown

Component	Amount

Coverage Visualization

Income Replacement Analysis

Coverage Recommendations

Disclaimer: This tool is for informational and educational purposes only. It does not constitute financial, legal, tax, or professional advice. Results are estimates based on the information you provide and may not reflect actual costs, obligations, or outcomes. Consult a qualified professional before making decisions based on these calculations. StellarClose LLC is not liable for actions taken based on information provided by this tool.

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