Three simple tools to help you plan. They run entirely in your browser, and nothing you enter is stored or sent anywhere. Results are estimates for planning, not quotes or advice.
1. Coverage calculator (DIME method)
Estimates how much life insurance you may need by adding debt, income replacement, mortgage and education costs, then subtracting savings and existing coverage. For the reasoning behind each field, read how much life insurance you actually need.
2. Term length helper
A term should last until your family would no longer be financially hurt by losing your income. Enter your longest obligations and the helper suggests the shortest standard term that covers them. See how to choose a term length.
3. Quote comparison
Quotes are only comparable if the term length matches. Enter two quotes to see the total cost over the term and the yearly cost per $1,000 of coverage. See how to read a life insurance quote.
Quote A
Cost per year per $1,000: $0.00
Quote B
Cost per year per $1,000: $0.00
Price is only one factor. Also compare the insurer’s financial strength, any riders included, and whether the policy has a conversion option. The numbers above are examples, so replace them with your own.
Keep learning
- Term Life Insurance: The Complete Guide
- What Is Life Insurance Underwriting?
- Term Life Conversion: What It Is and When to Use It