Life Insurance Calculators
Estimate coverage need · adequacy score · multi-currency support · deterministic math only
All amounts are shown & entered in this currency
Pre-tax household income
Children / financially dependent family members
RECOMMENDED COVERAGE
0
Based on income replacement + debts + goals
ADDITIONAL COVERAGE NEEDED
0
If positive: gap to protect your family
COVERAGE ADEQUACY SCORE
0%
—
Grade: A+ (≥120%) · A (100–119%) · B (80–99%) · C (60–79%) · D (<60%)
⬤ Deterministic rules · no predictive AI
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Life Insurance Calculator
How the Calculation Works
The calculator uses a transparent, four-step deterministic formula:
Step 1: Income Replacement Need
text
Annual household income × Number of years to replace (default: 10 years)
Example: 100,000income×10years=100,000income×10years=1,000,000
Step 2: Debt Coverage
Total outstanding debts (mortgage + loans + credit cards)
Step 3: Future Goals
College funds, retirement catch-up, or other legacy goals
Step 4: Subtract Existing Coverage
(Income Need + Debts + Goals) − (Existing life insurance + Savings)
Final Result = Recommended coverage amount
Understanding Your Adequacy Score
The Adequacy Score compares your existing coverage against your calculated need:
| Grade | Adequacy Percentage | Meaning |
|---|---|---|
| A+ | 120% or higher | Excellent — your family is fully protected, possibly over-insured |
| A | 100% – 119% | Good — your coverage matches your calculated need |
| B | 80% – 99% | Moderate gap — consider increasing coverage |
| C | 60% – 79% | Significant gap — your family may face financial hardship |
| D | Below 60% | Urgent gap — immediate action recommended |
Example from the calculator above:
- Recommended coverage: $965,000
- Existing coverage: $100,000
- Adequacy score: 10.4% (Grade D)
This means your current coverage covers only 10% of your family’s actual need — leaving a gap of $865,000.