🛡️Life Insurance Calculator
Calculate Life Insurance Coverage
Calculate life insurance coverage amount needed
Insurance Details
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About Life Insurance Calculator
A life insurance calculator helps you determine the appropriate life insurance coverage amount based on your income, age, and financial obligations. It uses multiple methods to calculate the recommended coverage.
Calculation Methods
- Income Multiple: 10-15 times annual income
- Human Life Value: Income × Years to retirement + Liabilities
- Recommended coverage is the higher of both methods
Frequently Asked Questions
Life insurance coverage should be 10-15 times your annual income or enough to cover your debts, future expenses, and provide for your family's financial needs. Consider your dependents, liabilities, and financial goals.