Guide
How much life insurance do you need?
A calculator and explanation: income, term span, debts, education funding, and resources you already have.
Add your expected household income across the years you're concerned about, subtract obligations that would be met by existing assets or insurance, and round to the nearest $5,000. The goal is a ballpark number to support your family for the years that matter most.
Coverage estimate
Income × years + Debts + Education − Existing assets and coverage = Your estimate, rounded to the nearest $5,000. Use this as a starting point, not financial guidance.
Why those inputs
Income years. Most professionals suggest 10 to 20 years of income replacement; your ideal duration depends on how far ahead you want to support dependents. Roseville families with young children often lean toward the longer end of that range since housing, childcare, and education expenses typically concentrate during those middle years.
Debts. Most households carry a mortgage as the largest debt. Insurance proceeds sufficient to retire the mortgage give survivors the choice to stay in the home rather than forcing a sale for cash.
Education. Plan for a modest per-child allowance in today's dollars. Factoring it in now saves you from taking on a second policy after a child is born.
What you have. Savings available for immediate needs, and any group life insurance through an employer. Group coverage typically ends if you leave that job, so many people count only a portion of it.
Once you arrive at an estimate, the quote tool lets you see what that estimate costs across 10, 15, 20, 25, and 30-year options from all participating carriers. Many households find they can add a bit more coverage with minimal monthly impact early in their working years.