This Needs Estimator will help you to estimate the face amount of term life insurance needed to replace the income that would be lost in the event of the death of the insured. This calculation takes into account your specified return on the invested proceeds of the death benefit and adjusts for the inflation you expect. This is only for the replacement of income. If you have other specific needs such as estate taxes, the payoff of mortgages or the financial requirements for educational expenses you may want to consider increasing the face amount.
