Coverage Calculator
How Much Life Insurance Do You Really Need?
Use our interactive calculator to estimate the right amount of coverage to protect your family's future, pay off debts, and leave a lasting legacy.
Income Replacement
$75,000
How much do you earn per year before taxes?
10 Years
How many years of income would your family need? (Usually 10-15 years)
Debts & Expenses
Total outstanding mortgage, loans, and credit card debt.
Estimated future college costs for your children.
Existing Assets
Total savings, investments, and existing life insurance policies. This reduces your need.
Estimated Coverage Need
$1,050,000
Income Replacement$750,000
Debts & Education$350,000
Less Existing Assets-$50,000
Total Recommended$1,050,000
This is an estimate. A Premiere Life advisor can help you refine this number and find a policy that fits your budget perfectly.