How Much Life Insurance Do I Need?

Please complete the information below and enter only whole numbers.


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Please note: The Catholic United is licensed to sell our insurance products to members and their immediate families in Minnesota, Wisconsin, North Dakota, South Dakota, and Iowa. Therefore, this life insurance calculator is intended for use by residents of those states. Any calculators on this Web site are there for your information only. The Catholic United may capture data input into these forms, for the purposes of ensuring the calculator is meeting the needs of our users and returning the proper output. The data is not in any way linked to you as an individual.

HUSBAND

WIFE

Final Expenses
(Funeral, outstanding medical bills, estate & probate costs, taxes)

Residental Mortgage
(Money to pay off bills or create fund for payments to keep tax deducstion)

Outstanding Debts

Emergency Fund
(Unexpected bills, major repairs, braces for kids)

Child/Home Care Fund
(So surviving spouse can continue to work, daycare costs, home costs, etc)

Educational Fund
(College, vocational school - have money available for kids to use if you're gone)

Income Replacement

Total Life Insurance Needed

Minus Current Insurance and Liquid Assets

New Life Insurance Recommended


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