Creating a strategy that may help your loved ones is one of the most important and fundamental steps in developing a sound financial approach. This calculator may help you better assess your family's needs in the event of your untimely death.
Several factors will affect the cost and availability of life insurance, including age, health and the type and amount of insurance purchased. Life insurance policies have expenses, including mortality and other charges. Any guarantees associated with a policy are dependent on the ability of the issuing insurance company to continue making claim payments. You should consider determining whether you are insurable before implementing a strategy involving life insurance. This calculator is not designed to provide specific advice, guarantee coverage, or provide a recommendation. Please contact an insurance professional for more information and assistance in determining the appropriate coverage for your individual situation.