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Life Insurance Decision Lab

Calculate the life and disability coverage your family may need to stay financially secure.

Tool one

Life Insurance

What your family would need if you died.

Is the need temporary or lifelong?

Live result

Coverage looks worth it.

$1.1M 20-yr level term $900K–$1.35M

12% of family plan funded today

What drives it

$779,458 in future income · $425,000 in debts & goals · −$150,000 already on hand.

Before buying

Compare quotes for the same benefit and term, guaranteed level.

Tool two

Disability Insurance

What you'd need if illness or injury stopped your paycheck.

Pays if I can't do my own job Own-occupation. Costs more, and it's the one that actually pays a surgeon who can't operate.

Live result

This is the bigger hole.

$123/mo buys $4,000/mo $88–$157/mo

38% of bills covered today without it

What drives it

$6,500 in bills · −$2,500 other income keeps coming · $0 long-term coverage through work.

Savings cover the wait

About 5 months of bills. Payments start after 3.

Both risks, side by side

If you die

17.7%

chance in 30 yrs · $1.1M coverage · $65/mo est.

If you can't work

22.0%

chance in 30 yrs · $4,000/mo coverage · $123/mo est.

Losing your income is about 1.2 times more likely than dying over these years. If you can only buy one, start with the disability side.

Planning estimate only. This isn't an underwriting quote, a medical assessment, a tax opinion, or individualized financial advice. Death odds use interpolated 2023 Social Security Administration population life-table rates. Disability odds use typical group long-term disability claim rates for a claim of 90 days or more, which land near the Social Security Administration's figure that about one in four of today's twenty-year-olds will be disabled before retirement. The life number adds $25,000 for final expenses and discounts future income at 2.5% a year after inflation. Premiums are rough market ranges, not offers, and real underwriting can differ in both directions. Work coverage is treated as employer-paid, so about a quarter of it is taken out for tax. Confirm Social Security benefits, employer coverage, taxes, and any permanent-policy illustration with qualified professionals.