Life Insurance Calculator

When you choose life insurance coverage, it’s important to consider your family’s immediate and future financial needs. 

Please enter a 5 digit zip code.
Life Insurance Calculator images

Life Insurance Calculator:

How Much Coverage Might I Need?

When you choose life insurance coverage, it’s important to consider your family’s immediate and future financial needs. Estimate how much life insurance you may want with financial and personal factors like:



How much do you owe? Do you have credit card balances, car payments, lines of credit or any other personal debts?



What are your family’s living expenses? How much would they need to continue without you — and for how long?



How much would your family need to pay off your mortgage if you were gone?



Do your children attend public or private school? Do you plan to help them pay for college?

As everyone’s needs are different, you may also have other key considerations, such as your age, marital status, charitable giving, dependent relatives, end-of-life medical expenses or funeral costs.

Would you like to discuss your life insurance options? Talk to a Farmers® agent today.

It's as quick as a glance at a cellphone screen to see who's calling or the instinct to reach and answer a ringing phone.

Distracted driving is the cause of nine deaths and more than 1,000 injuries every day in the U.S.

Read the story: Distracted on the Road? It’s Like Driving the Length of a Football Field…Blindfolded

This calculator is created and maintained by Life Happens at Access to this calculator is provided as a convenience to you. Farmers Group, Incorporated, its parents, subsidiaries, affiliates, including Farmers New World Life Insurance Company and Farmers Financial Solutions, LLC, and their respective officers, directors, employers, agents and representatives, shall not be responsible for your use, non-use or reliance upon these calculators, or the accuracy of your entries or records made by you. Entry and storage of any and all data is solely your responsibility. We encourage you to always maintain a duplicate copy of all your records.

As with other helpful tools, the information provided by this calculator is for illustrative purposes only and is not intended to offer any tax, legal, or financial advice. It is always a good idea to consult the appropriate professionals for advice specific to your situation.

FL-03A 12/18