How much is your life worth? To your friends and family hopefully you are priceless. You do not want your family to be in a position where they are grieving their loss while worrying about debts. Deciding what type of life insurance product to get and how much to insure your life for can be daunting. Use our calculator to see what the right death benefit is for you. Our calculator is a simple tool that uses the DIME method. DIME stands for Death Costs, Income Replacement, Mortgage Pay-off, and Expense Pay-off. Death costs would be all end of life costs including medical and funeral costs. Even if it’s your desire to have a basic funeral we’d encourage you to plan for at least $50,000 in costs in this area. In replacing your income we recommend that you multiply your annual income by five.

When you enter in your current annual income our calculator will automatically increase it five times. Mortgage Pay-off is the amount you would need right now to pay off your mortgage. Finally the expense pay-off is the area to enter in the amount it would take to pay off your credit cards, school loans, home equity loans, car payments, etc. If you have questions about which product is right for you check out our frequently asked questions to gain some insight. While this site is designed to help you refine your search our Life Specialists will want to assist you through the purchase. We have over 30 A+ rated companies that we can shop with which means you’ll get the right product, the right death benefit, for the best price.