Use our life insurance calculator to figure out how much term or whole life insurance coverage you need. Plus, learn more tips for choosing the right amount in 2025.

Generally, term life insurance is more affordable than whole life insurance. It's active for a set period — between 10 and 30 years — and doesn't offer any payout if you outlive the term.

Based on our data analysis, the same 30-year-old woman would pay about $391 a month for a $1 million universal life policy and $667 a month for a $1 million whole life policy, while a similar 30 ...

Many Americans don't have life insurance, and half of those who do, don't have enough. As of January 2024, 49% of American adults don't have life insurance and 42% say they need life insurance or ...

If you’re thinking of purchasing a whole life insurance policy, here are a few key tips to ensure you find the best whole life insurance. 1. Decide how much whole life insurance you need.

Planning for the future isn’t easy, which is why life insurance can be a vital safety net for you and your loved ones.

If you’re buying life insurance, one of your first questions is: How much life insurance do I need? There are multiple ways to calculate the right life insurance coverage amount, but not all ...

How much life insurance do I need? It’s a common question but everyone has a different answer. In this life insurance guide, we’ll help you determine how much life insurance you should have.

How much life insurance you need is specific to your own individual circumstances and standard of living. Getty Images Life insurance policies shouldn't require a lot of upkeep.

Too much life insurance means overpaying—too little could leave your loved ones struggling. So how do you find the sweet spot? It all comes down to your income, debts, and future financial goals.

The old “how much life insurance do I need” rule of thumb was to take your income and multiply it by 10. This was the industry’s standard for many years. However, this fails to account for ...