How much life insurance do I need?
Estimate your coverage gap based on income replacement, outstanding debts, and existing policies.
Your situation
Illustrative only. This calculator provides a rough estimate and is not a substitute for professional advice. Coverage needs depend on many factors including your specific debts, dependants, and financial goals. Speak with a licensed advisor before making any insurance decisions.
Suggested coverage
$1,950,000
Rounded up to nearest $50,000 from $1,915,000
What this number means
This estimate covers income replacement, clearing debts, and final expenses so your family can maintain their standard of living. It is a starting point, not a final recommendation.
Get an actual quote
Jatinder will compare term and permanent options and find the right fit for your family and budget.
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