How much life insurance do I need?
A simple way to estimate how much life insurance your family needs, with examples, and when to talk to a licensed agent.
Start with what your family would need
Add up what your family would need if your income stopped: years of income you want to replace, your mortgage or rent, other debts, childcare and college costs, and final expenses. Then subtract savings and any coverage you already have.
A quick rule of thumb
Many families land between 10 and 15 times their yearly income. A parent earning $70,000 with young kids and a mortgage might need $750,000 to $1 million. A rule of thumb is a starting point, not an answer.
Pick a term that matches your years of need
Choose a term that lasts until your biggest obligations end, such as when your youngest child finishes school or your mortgage is paid off. For many families that is 20 or 30 years.
Get a second opinion
A licensed agent can check your number against your budget and health, and quote carriers so you see the real price of each option. Brontev matches you with one licensed agent in your state.
Get your real price
Answer five quick questions and get matched with one licensed agent in your state.
Get matched with an agentMore guides
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General information only. Brontev is a matching service, not an insurance company, and does not guarantee coverage or pricing.