This free tool gives you an illustrative estimate of how much life insurance coverage a household in your situation might consider, and compares that range to the coverage you already have. It uses a standard income-replacement-plus-obligations method. It does not show a price or premium, it is not a quote or a recommendation, and it does not determine what you need — a licensed agent reviews your specific situation.
How this estimate is calculated
The tool adds a few common components of a coverage need — income to replace over a set number of years, outstanding debts (including a mortgage), and a standard allowance for final expenses — then subtracts coverage and liquid assets you already have. The difference is shown as an illustrative range, not a single number, because real needs depend on factors a calculator can't see.
What it does not do
It does not quote a policy, show a premium or price, recommend a product, or tell you how much you must buy. Those are decisions made with a licensed agent who can review your actual circumstances. Figures are illustrative educational estimates only.