Life Insurance Needs
Use the DIME method to size term coverage: debts, income replacement, mortgage, and education. See your exact gap in seconds.
$1,248,000
coverage gap
Est. $499/mo term premium
DIME breakdown
Income replacement
$850,000
Debts + mortgage
$273,000
Education fund
$200,000
Total needed
$1,323,000
Coverage gap
$1,248,000
Freedom Coach™
You need about $1200000 more in coverage.
Total needed: $1,323,000 (income replacement + debts + kids' education). Estimated 20-year term premium: $499/mo.
Premium
Save laddered policy scenarios (e.g., $500k 20-yr + $250k 30-yr) to right-size cost vs. coverage.
Unlock PremiumThe DIME method: Debt + Income (× years to replace) + Mortgage + Education. Most working parents need 10–12× annual income in term coverage.
Term. Almost always term. It's ~10% the cost and covers your working years — when your family actually needs replacement income.
Yes. Their unpaid work (childcare, meals, transport) costs $50k+/yr to replace. Get at least $250k–$500k term coverage.
Match it to your longest obligation — usually until kids are independent (20-year term) or the mortgage is paid (30-year).
If no one depends on your income and your assets cover final expenses, you don't need coverage. Single with no kids or debt = often no need.
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