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Insurance & Protection · Life & Disability

Life Insurance Calculator

Estimate how much life insurance coverage your family would need to stay financially secure.

  • Free to use here · embed on the Business plan
  • 8 inputs · 5 results
  • English & Spanish

Try the Life Insurance Calculator

See your recommended coverage — results update as you type.

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Estimates only — not a loan offer or financial advice.

Put this calculator on your website

What this calculator does

What the Life Insurance calculator works out

The Life Insurance Calculator is a free, embeddable calculator from CalcFunnel. Estimate how much life insurance coverage your family would need to stay financially secure.

You enter 8 inputs: annual income, years of income to replace, mortgage balance, other debts, final expenses, education fund, savings & investments and existing life insurance.

It returns recommended coverage, income replacement, debts & final expenses, education fund and less: existing resources.

Built for insurance agents and benefits advisors. Embedding it on your own website needs the Business plan (from $210/month, with a 14-day free trial), which unlocks the Insurance & Protection category.

Results it shows

  1. 01Recommended Coverage
  2. 02Income Replacement
  3. 03Debts & Final Expenses
  4. 04Education Fund
  5. 05Less: Existing Resources

The first figure — recommended coverage — is the headline result.

Inputs

The inputs it uses

Each field below comes straight from the calculator, with the same help text visitors see when they hover the info icon.

Income to Replace

Annual Income
Your current yearly income that the family would need to replace.
Years of Income to Replace
How many years of income the policy should cover — often the years until dependents are independent or a spouse retires.

Debts & Future Needs

Mortgage Balance
The remaining balance on your home loan, so it can be paid off.
Other Debts
Car loans, credit cards, student loans, and other debts to clear.
Final Expenses
Funeral, burial, and estate-settlement costs.
Education Fund
Money set aside for children's future college or education costs.

Existing Resources

Savings & Investments
Liquid assets your family could use, which reduce the coverage needed.
Existing Life Insurance
Life insurance you already have, such as a policy through work, which reduces the additional coverage needed.

For your website

Embed this calculator on your website

Put the Life Insurance Calculator on your own site with your colors, copy and lead form. Every calculation can arrive in your CRM with the numbers attached.

Works on WordPress, Wix, Squarespace, Webflow, Shopify, GoHighLevel and plain HTML — paste one line into an HTML or code block. No plugin needed.

Start free How embedding works

Free plan, no card. 14-day trial on Pro & Business.

  1. Inline on any pagePaste the snippet where the calculator should appear. It fills the width of its container and resizes to fit its content.
  2. Popup buttonA button sits on your page; visitors click it and the calculator opens in a popup.
  3. Floating corner widgetPaste once — or in your site-wide footer code — to show a floating calculator bubble in the corner of every page.
  4. Open from your own link or buttonGive any existing link, button or image a class and it opens the calculator when clicked.
  5. Direct linkA full-page link to the calculator for emails, social posts, QR codes or a menu item.

FAQ

Life Insurance calculator FAQs

Still stuck? Ask the team — we reply within one business day.

Q.01What does the Life Insurance Calculator calculate?
Estimate how much life insurance coverage your family would need to stay financially secure. It returns recommended coverage, income replacement, debts & final expenses, education fund and less: existing resources.
Q.02What information do I need to use the Life Insurance Calculator?
You enter 8 inputs: annual income, years of income to replace, mortgage balance, other debts, final expenses, education fund, savings & investments and existing life insurance. Every input starts with a sensible default, so you can change only what you know.
Q.03What does “Annual Income” mean in the Life Insurance Calculator?
Your current yearly income that the family would need to replace.
Q.04What does “Years of Income to Replace” mean in the Life Insurance Calculator?
How many years of income the policy should cover — often the years until dependents are independent or a spouse retires.
Q.05Is the Life Insurance Calculator free to use?
Yes — you can use it on this page for free, without an account. Embedding it on your own website needs the Business plan (from $210/month, with a 14-day free trial), which unlocks the Insurance & Protection category. Compare plans.
Q.06Can I embed the Life Insurance Calculator on my website?
Yes. Embed it inline, as a popup button, as a floating corner widget, from your own link or button, or share a direct link. It works on WordPress, Wix, Squarespace, Webflow, Shopify, GoHighLevel and plain HTML sites with one line of code — see embedding.
Q.07Is the Life Insurance Calculator available in Spanish?
Yes. Labels, tooltips and result names are available in English and Spanish, and visitors can switch language in the calculator.
Q.08Can the calculator capture leads?
Yes. It can end with a lead form, a Get a Quote form, a Share panel or a button to any URL. Leads are saved with the inputs and results attached and can be forwarded to your CRM by webhook.
Q.09Are the Life Insurance results financial advice?
No. Estimates only. A rough needs estimate based on the inputs you provide; it does not account for inflation, investment returns on the payout, taxes, or changing circumstances. Consult a licensed insurance professional.

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Your website does the math. You get the lead.

The Life Insurance Calculator is one of 188 calculators you can brand and embed with one line of code.

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  • 14-day trial on Pro & Business
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