Life Insurance Needs Calculator

When you build your life, you build your future. That's why it's so important to include life insurance in your plans, so you can be better prepared for the unexpected – whether it happens today, or 20 years down the line. You purchase life insurance for the death benefit it provides – but how do you determine how much coverage you need? Use our life insurance calculator to find out.

Household

1

Household

To get started, tell us a little about your household's social - economic situation.

Are you married or have a domestic partner? *

Do you have dependents?

One-time costs

One-time costs

Should you pass away unexpectedly, how would your finances be managed? Depending on your situation, these finances may include funeral expenses, medical bills, estate taxes, outstanding debts, education tuition, and other one-time costs.


* Fields are required

Monthly Expenses

Monthly Expenses

How will your beneficiaries manage month-to-month living expenses, such as mortgage or rent, utilities, groceries and health insurance?

Limited Monthly Expenses

Some living expenses, such as dependent care and education, will only exist for a limited amount of time.


* Fields are required

Income

Income

How many years would your beneficiaries continue to receive income based on your current financial situation? Talk to your financial professional about the factors that can influence income supplementation.

Assets

What current savings and investments – such as property, stocks, bonds, deposits, or other holdings – do you possess?


* Fields are required

Analysis

Analysis

What do the numbers suggest? Your financial professional can help interpret your results and help you determine what may be appropriate for your needs.


Household

0 €

One-Time Costs

0 €

Annual Expenses

0 €

Income/Assets

0 €


Total Life Insurance Need

0 €


Discuss your results with your financial professional.

This is an estimate only and not an offer of insurance coverage. Please consult with your financial professional to determine the amount of life insurance protection that may be appropriate for you. Information and interactive calculators are hypothetical and for illustrative use only. Lion Ins Life Insurance Company cannot and does not guarantee their applicability to any individual circumstances. This analysis is based solely on the information you provide. This content is for general educational purposes only. It is not intended to provide fiduciary, tax, or legal advice and cannot be used to avoid tax penalties; nor is it intended to market, promote, or recommend any tax plan or arrangement. Lion Ins Insurance Company, its affiliates, and their employees and representatives do not give legal or tax advice. Customers are encouraged to consult with their own legal, tax, and financial professionals for specific advice or product recommendations.

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