Life Insurance Calculator | Blue Jean Broker
Free Tool

Life Insurance Calculator

Find out how much life insurance your family would actually need, based on your real numbers.

1
Your Basics
This sets the foundation for your income replacement estimate.
Gross income your family would need to replace. If you are the only earner, enter your household income.
$
Used for a rough premium estimate in your results
Children and/or non-working spouse
2
Your Coverage Multiple
Most families land between 10 and 15 times their income. Slide to where your situation fits.
12x income
Enter income aboveIncome replacement base
10x (leaner)15x (maximum)
3
Optional Safety Nets
These are extras you can choose to guarantee on top of your income replacement. All optional, all off until you turn them on.
Pay Off the Mortgage
So your family can stay in the home without the payment
Fund College
Set aside a dedicated education bucket per child
Anything Else You Want Guaranteed
A business, a debt, a goal, anything you want covered no matter what
Final Expenses
Funeral, legal, and estate costs (typically $15K to $25K)
4
What You Already Have
We subtract what you already have to find your real gap.
Total from all existing policies
$
Accessible cash your family could rely on
$
These numbers are yours to play with. Scroll up to change anything, your income, the slider, the safety nets, then hit Recalculate to see it update here.
Estimated Coverage Need
$0
How We Got There
Total Target
$0
What You Already Have
Coverage Gap
$0

Term Length: How to Think About It

Coverage amount is math. Term length is more personal. It depends on your health, your budget, and how long your family would actually lean on the coverage. Here is a quick guide to what each length tends to fit. Which one is right for you, and whether term or whole life makes more sense, is worth talking through together.

Beneficiary Checklist

Primary beneficiary named on policy (typically spouse or partner)
Contingent (backup) beneficiary named in case primary predeceases you
Beneficiaries reviewed after every major life event (marriage, divorce, new child)
If children are minors, consider a trust or custodian. They cannot legally receive a direct payout until 18.
Employer life insurance beneficiary designations reviewed (separate from personal policies)
Policy documents stored somewhere your beneficiaries can find them

Ready to put real coverage in place?

A life event is the moment to look at your whole picture, not just one piece. The home, the income, the debts, the kids, and the protection all move together. Let's walk through your number and how it fits the rest of your plan.

Schedule a Free Protection Review →

Brian Wittman | Blue Jean Broker
Insurance services through Levinson & Associates
This calculator provides estimates for educational purposes only. Coverage recommendations are not a substitute for a licensed insurance professional's review. Results are based on the inputs you provide and general planning guidelines.