Answer 5 questions. Get your recommended coverage amount β plus an estimated monthly rate β in under 60 seconds. Free, instant, no personal info required.
Your total pre-tax income per year
We add $60K education fund per child
Most experts recommend 10β20 years
Remaining balance on your home loan
Car loans, credit cards, student loans, etc.
Rate estimates are for 20-year term, standard health, non-smoker. Actual rates set at underwriting.
Based on the DIME method β widely used by financial advisors
20-yr term Β· standard health Β· non-smoker estimate. Real rates may be lower.
No personal info required to get a quote Β· Texas residents only
We use the DIME method β the same framework financial advisors and CFPs recommend for calculating life insurance needs.
All debts your family would inherit β credit cards, car loans, student loans, and any personal loans.
Ex: $45,000 in auto + credit card debt
Your annual income multiplied by the number of years your family would need financial support.
Ex: $75K Γ 20 years = $1.5M
The remaining balance on your home loan. Your family deserves to stay in their home β free and clear.
Ex: $280,000 remaining balance
College costs for each child. Average in-state Texas university runs ~$60,000 for 4 years.
Ex: 2 kids Γ $60K = $120,000
20-year term Β· $500,000 coverage Β· standard health Β· non-smoker Β· indicative only
Indicative rates. Actual premiums depend on health history, tobacco use, and carrier underwriting. Get your exact rate free at /quote.
This calculator estimates your needs. Your actual price is set by the carrier β and it may be lower than you think. Get your real quote in 2 minutes, free.
TX Licensed Agency #2608479TX Β· Tower Hill carrier network A++ Β· No personal info to start