How Much Life Insurance Could Your Family Need?
Use the DIME method to estimate the amount of life insurance that may help protect your debts, income, mortgage, and your children's education.
Your Information
Start with a few basic details for your personalized analysis.
Build Your DIME Analysis
Enter the financial responsibilities you would want your family to be prepared for.
Debt
Total non-mortgage debt such as credit cards, vehicle loans, personal loans, or other obligations.
Income
Estimate how many years of income your family may need if your paycheck is no longer available.
Mortgage
Enter the remaining mortgage balance you may want your family to have resources to address.
Education
This analysis estimates $100,000 of future education funding for each child.
Existing Life Insurance
Enter coverage you already have so we can estimate the potential difference between your DIME need and existing protection.
Your Personalized DIME Analysis
This estimate is designed to help address the financial responsibilities you identified — Debt, Income, Mortgage and Education — and illustrate the amount of protection your family may need if you pass away.
What does this number mean?
Your estimated life insurance need is based on the financial responsibilities you identified. Life insurance can provide protection if you pass away, and certain policies may also include living benefits that may allow you to access a portion of the death benefit while living following a qualifying illness or condition, subject to policy and rider terms.