As a general rule of thumb, many experts recommend that you have a term life insurance policy equal to 5 -15 times your annual income. Working out the numbers become much easier with our term life insurance calculator. When considering the amount of life insurance to purchase, we suggest that you take these factors into consideration, when you use our term life insurance calculator:
- Annual income
- Number of years your spouse will need annual income
- Outstanding mortgage and debt obligations
- Financial support
- College expenses for your children
- Final expenses
When you consider these factors, our term life insurance calculator will point you in the direction of an instant term life insurance quote that matches your needs. You will be amazed at how perfect the policies we generate for you will be, when you utilize the benefits of our term life insurance calculator.