Protection Planning
Life Insurance Calculator
Estimate how much life insurance coverage your family needs. This needs-based analysis considers income replacement, debts, education costs, and your existing resources.
Income Replacement
Income your spouse earns independently (reduces coverage need)
Debts & Final Expenses
Education & Future Goals
Emergency fund, charitable giving, legacy, etc.
Existing Resources
FEGLI, group, etc.
Recommended Coverage
$1,450,000
Based on your needs minus existing resources
Coverage Breakdown
Quick Tip for Federal Employees
FEGLI Basic coverage equals your annual salary rounded up to the next $1,000, plus $2,000. Option B allows up to 5x your salary but premiums increase significantly with age. Many federal employees find private coverage more cost-effective than FEGLI Option B after age 50.
Disclaimer: This calculator provides a general estimate of life insurance needs and should not be considered financial or insurance advice. Actual coverage needs depend on individual circumstances, health status, existing benefits, and other factors. Consult with a licensed insurance professional for personalized recommendations.