Home Online Calculator Finance Life Insurance Online Calculator Calculate How Much Life Insurance Coverage You May Need Evaluate Your Income & Assets Current Income : Years spouse will need your income : Current investment income Investment Income Rental properties, dividends, annuities, etc. : Existing liquid assets Liquid Assets Assets that can be turned into cash within 3 months. It is recommended not to include retirement accounts due to tax penalties. : Ammount of your existing life insurance coverage : Debts & Expenses Current mortgage balance : Current loan & credit balances : Final expenses Final Expenses medical, funeral, taxes, etc. : Child Support & College Fund Average annual tuition is approximately $10,000 Child Monthly amount Number of years College Fund 1. 2. 3. You should have the following amount of life insurance coverage: Life Insurance Needed = Looking for Life Insurance Quotes? Select Your State Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming If you are looking for Free Life Insurance Quotes, visit our affiliate site Online Insurance Quotes Previous Article NPV Calculator Next Article Simple Interest Calculator