Term Life Coverage Calculator | Blue Jean Broker
Free Tool

Term Life Coverage Calculator

Find out exactly how much life insurance your family needs — not what a salesperson thinks you should buy.

1
Your Basics
This sets the foundation for your income replacement calculation.
Combined gross income before taxes
$
Used to calculate term length
Children and/or non-working spouse
Enter 0 if no children
2
Debts & Obligations
Your coverage should pay off what you'd leave behind.
Current outstanding balance (0 if renting)
$
Car loans, student loans, credit cards
$
3
Future Expenses
Turn on any categories that apply to your family.
Children's Education
Estimated college costs per child
Spouse Support Period
Years your spouse needs support to become financially independent
Final Expenses
Funeral, legal, estate costs (typically $15K–$25K)
4
Existing Coverage
We'll subtract what you already have to find your gap.
Total from all existing policies
$
Accessible cash your family could rely on
$
Recommended Coverage
$0
— year term
How We Got There
Total Need
$0
What You Already Have
Coverage Gap
$0

Term Length Guide

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 can't 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 close your coverage gap?

Let's review your numbers together and find the right policy for your family's situation.

Schedule a Free Protection Review →

Brian Wittman | Blue Jean Broker
Licensed Real Estate Agent through Real Broker LLC  |  Licensed Mortgage Loan Originator through NEXA Mortgage, NMLS #XXXXXX
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 inputs provided and general planning guidelines.