Add up what your family would need if you died: your debts, including the mortgage, the support they’d need until your children are independent, future costs such as education, and final expenses. Then subtract what you already have, such as savings and workplace life insurance, and any income your family would still receive. The difference is the coverage to aim for. The term life insurance page works through an example.
How much life insurance coverage do I need?
Reviewed by Garrett Agencies Ltd., October 2026. How we write
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