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western & southern financial group
western & southern life
columbus life insurance company
eagle realty group
fort washington investment advisors
gerber life insurance
integrity life insurance company
lafayette life insurance company
national integrity life insurance company
touchstone investments
western & southern financial group distributors

How Much Life Insurance Do You Need?

Use our Life Insurance Calculator to help you figure out the answer, which depends on your annual income and how long your family may need to rely on this income. 
How many years is your family relying on your annual income?
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What Should You Consider Next?

Our life insurance needs calculator is designed to quickly answer the question of “How much life insurance do you need?” A thorough life insurance needs analysis assesses both immediate and long-term funding needs for your family in the event of your death. What immediate final expenses (e.g., funeral costs, medical bills, etc.) do you anticipate? How much money will your family need to sustain their standard of living and cover long-term expenses (e.g., monthly mortgage, child care, college education, etc.)? A life insurance policy death benefit provides a replacement income to help cover your family’s financial needs in your absence.

Now that you have an initial coverage amount, you’ve taken the first step toward greater financial security for you and your family. However, several other important factors – your stage in life, the size of your family, your plans for wealth transfer – are important to think about as you decide what kind of life insurance you want. Depending on your current station in life, you may want more temporary coverage for a shorter period of time or permanent coverage for your entire lifetime. Premiums that remain fixed over time, guaranteed lifetime coverage, convertibility and the potential to build cash value or earn dividends are some of the different kinds of life insurance benefits to consider.