Life Insurance Calculator

The Life Insurance calculator tool is a DIY life insurance calculator that lets you calculate the cost of term life insurance based on your gender, your age, and how much coverage you want. We offer several types of calculators to help you quickly find the best rates and coverage for you.

Life Insurance Calculator

Life Insurance Calculator

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How To Use Life Insurance Calculator

Step 1: Calculate your gender & age

The age calculator will help you calculate your life expectancy. Since different types of insurance are offered to different age groups, it is important to know how much you will pay for the right policy. Remember to input your gender since premiums are calculated in a different way for women.

Step 2: Calculate your coverage

The coverages calculator will help you decide whether term life insurance is right for you by calculating your expenses and savings. Use the coverages calculator to see how different types of life insurance work in the real world. If a policy doesn’t offer the right types of coverage, use it to help narrow down which type of insurance is best for you by visiting our term insurance comparison tool.

The costs & benefits calculator will help you make decisions about your life insurance needs. Use the calculator to see what you will be able to replace if you die, and take a look at the potential savings. You may also want to speak with a life insurance agent who can help you compare multiple quotes.

Step 3: Find your coverage & premiums cost

Compare term life insurance quotes and find the right policy that fits your needs. Enter your information into any of our calculators, then visit a life insurance agent to view quotes from multiple companies. Your information will remain private, and you don’t need to provide your Social Security number to receive an insurance quote or compare policies.

Step 4: Decide on your coverage

Select the best insurance policy for your needs and you can apply online immediately.

How Much Life Insurance do I Need

The amount of coverage you need depends on your individual needs and circumstances. If you have dependents that rely on your income, or if you have debts to paid upon your death, you may need a larger policy. You can get an inexpensive term policy issued quickly online, and it will only take an hour to apply. Speak with a life insurance agent who can help you learn more about the process and find the right coverage for your needs.

Benefits of Using a Life Insurance Calculator

1. Saves time and money

You can use this calculator to get comparable quotes quickly. This time allows you to contact agents and compare policies instead of combing through different sites to find the information you need.

2. Enables you to compare coverages easily

Use it to learn about your policy, see what kinds of coverage you need, and decide whether a particular policy will provide the coverage you want. You can even get an insurance quote from a variety of carriers at once using our quote comparison tool.

3. Gives you peace of mind

This insurance calculator helps you make decisions about your life insurance needs and how much coverage you should have. Knowing that your loved ones will taken care of after your death is the best way to prepare for the future.

How to Get Term Life Insurance

You can get a term life insurance policy easily online. Start by using our calculator tool. You can also contact an insurance agent who will help you apply and compare policies. Remember that your information will remain private when you use this site to find the right coverage, and you don’t need to provide your Social Security number to receive a quote or view quotes from multiple companies.

Usage Notes

  1. Please use the correct gender (male or female).
  2. In the area of “Age” please input your age as of today’s date.
  3. The policy term is usually 2, 3, 5, 7, or 10 years and can extended at the end of each period up to 30 years in total.
  4. The insurance cover is always paid in the case of the death of the insured person and can command greater protection than any other type of insurance.
  5. To be sure that you have understood this easy-to-use tool, please read the instructions carefully first.


A life insurance calculator is a tool design to give you quotes in the shortest possible time. It is easy to use and does not require any kind of personal information. You can find the right insurance for your needs, and compare multiple companies at once.

Frequently Asked Questions (FAQ)