Life Insurance

Protecting the people you love often costs less than you think.

Once you have an idea of the protection amount you may want and the role life insurance may play, the next question is what coverage might cost.

Use the calculator below to estimate the possible daily and monthly cost of term life insurance based on the information you enter.

The estimate is not a quote, insurance policy illustration, or recommendation to buy coverage. It is a starting point to consider your options.

Estimated Insurance Cost Calculator

How to Use

Enter the age of the person who would be insured.

Select the sex at birth of the person who would be insured. Insurance cost estimates may vary based on underwriting rules, carrier guidelines, and policy availability.

Select whether the person to be insured currently uses nicotine. Actual underwriting classifications may vary by carrier.

Select a 10- or 20-year term length with level payments. Other options may be available, subject to policy terms and availability.

Enter the death benefit you want to use for this cost estimate. A terminal illness benefit may be available up to 50% of the death benefit, subject to policy terms and availability.

Death Benefit

This is the death benefit used for the insurance cost estimate.

Estimated Daily Cost Range

This is the estimated daily cost range based on the information entered.

Estimated Monthly Cost Range

This estimate range is based on the death benefit and information entered. Actual cost may vary based on underwriting, carrier approval, policy terms, and availability.

You can adjust the inputs to see how different assumptions may change the estimated insurance cost.

Important Disclosures:

This calculator provides a simplified cost estimate for term life insurance and is not a quote, policy illustration, offer of insurance, or recommendation to buy coverage. Actual rates, eligibility, coverage amounts, policy features, policy forms, available term periods, and insurer availability may vary based on underwriting, carrier guidelines, and state availability. Viewing an estimate or submitting information does not guarantee approval, eligibility, coverage, or any specific premium. Please consult a licensed insurance professional in your state of residence to discuss your individual situation, available options, and whether life insurance may be appropriate for your needs. Insurance products are offered only in states where properly licensed.