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How Much Life Insurance Do You Need?

Allegro Insurance — Life Insurance Needs Calculator
Allegro
Insurance
& Risk Management
Life Insurance Needs Calculator
Amount still owed on home
Kids × years × tuition
½ to ⅔ of annual income
Avg. $15,000–$25,000
Core subtotal $400,000
Total outstanding balances
Total remaining payoff
Partnerships, guarantees
Charitable giving or other
Additional subtotal $0
Employer-provided group
Policies you already own
Existing coverage $0
Your coverage gap Estimated life insurance need
$400,000

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