Free tool

How much life insurance do you actually need?

Most people guess, or they assume what they have through work is enough. Answer a few questions and see your number. No contact information required to get the result.

Replacing your income

The paycheck your family would lose. Most people plan for the years until the kids are grown or the house is paid off.

Your annual income

Years to replace it

Debts you would leave behind

What would have to be paid off so nobody inherits a payment they cannot make.

Mortgage balance

Other debt (cars, cards, loans)

Children

If you want to help with school, put in what you would want set aside per child.

Number of children

Education support per child

Final expenses

Funeral, burial, medical bills, and the cost of settling an estate.

Final expenses

What you already have

Include coverage through work. Check the actual number before you enter it. Employer coverage is often far smaller than people assume, and it usually ends the day you leave the job.

Existing life insurance

This is an estimate built from the numbers you entered. It is a starting point for a conversation, not individualized advice, and it does not account for your savings, taxes, Social Security survivor benefits, or a spouse's income. Life insurance is subject to underwriting and carrier approval.

Want a second set of eyes on it?

Send it over and I will tell you whether the number looks right for your situation, and what it would actually cost. No obligation. Do not include Social Security numbers, policy numbers, or account numbers.

First name

Last name

Phone

What is this coverage for?

I consent to receive text messages from Rae & Co Capital at the phone number provided, including follow-up about my inquiry. Message and data rates may apply. Consent is not required to work with Rae & Co Capital. Yes, I would like to receive Rae & Co Capital market notes and educational updates.

Submitting this form does not create an advisory relationship. Life insurance is subject to underwriting and carrier approval. Rae & Co Capital may receive insurance commissions if you purchase coverage through the firm.