How Much Life Insurance Do You Actually Need?
There's no universal number that fits every family, no matter how many quick online calculators try to hand you one.
Three Pieces to Add Up
- Income replacement — making sure your family can meet monthly bills if your income stops.
- Debt coverage — particularly your mortgage and other outstanding obligations.
- Future expenses — such as education costs that will come up down the road.
Add those pieces up and you get a number that's actually built around your life, not a generic guess.
Coverage Needs Change
Your coverage needs evolve over time, so it's worth reassessing periodically as your circumstances change through different life stages.
Check out our coverage guide for more detail, or request a personalized quote to see what fits your family.
