Life Insurance Calculators

One important aspect of choosing life insurance is too determine how much insurance you need. This varies from person to person and family to family, based on your particular health and financial circumstances and your appetite for risk.

Here are several life insurance calculators for you to use:

This calculator is geared towards parents with children headed toward college, but it doesn't specifically break out mortgage debt independently from other debt.

Insurance.com offers a more in-depth life insurance calculator that takes into account mortgage, educational needs, and an expected rate of return for death benefits.

Of course, the flip side of how much insurance you need, is how much the insurance carrier will charge you for it. For more information on that topic, you need to understand which risk category you fall into.