Life Insurance Coverage Calculator

Free tool

How much life insurance do you actually need?

Use the DIME method to calculate your real coverage gap. Takes 2 minutes.

The DIME formula

D

Debt

All outstanding debts: mortgage, car loans, student loans, credit cards

I

Income

Your annual income multiplied by the years your family needs support (typically 10)

M

Mortgage

Outstanding mortgage balance so your family can stay in the home

E

Education

Estimated education costs for children (roughly $60K per child for in-state college)

Then subtract your existing life insurance and liquid assets. The remainder is your coverage gap.

Get your personalized calculation

Enter your details and we will run your DIME calculation and send you a free quote for the coverage gap amount.

No spam. We send your calculation and follow up only if you ask.