Life Insurance Coverage Calculator
Enter your family situation, expenses and income to estimate the life insurance coverage your survivors would need. Includes an automatic survivor pension estimate. Neutral by design (no product promotion); all calculations run in your browser.
Family Situation
Total Family Needs
Total Income & Assets
Advanced Settings (Optional)
Calculation Breakdown
Tips for Reviewing Your Insurance
Once you know your required coverage, compare it with your current policy. Understanding any gap helps when using a neutral service to compare or consult on multiple insurance options. This tool does not recommend any specific product.
- Results are rough estimates based on general assumptions and do not constitute tax, investment, or insurance advice.
- Survivor pension figures are estimates based on representative 2026 amounts and may differ significantly depending on contribution history, salary, and eligibility. The basic survivor pension (including the child addition) is assumed to be paid until the end of the fiscal year in which the youngest child turns 18 (age 20 for a child with disabilities).
- Education and living costs are general statistical estimates. Adjust the amounts to fit your household.
- For your actual required coverage and insurance choices, please consult a qualified financial planner.
How to Use
Enter Family Situation
Enter the breadwinner's occupation, spouse status and age, number of children and the youngest child's age.
Set Expenses & Income
Enter expenses such as monthly living, housing and education plan, plus income such as survivor pension, spouse income and savings.
Review Required Coverage
The required coverage and its breakdown update instantly. Adjust the inputs to find the right level of protection.
What Is Required Coverage?
Required coverage is the shortfall between the total money your surviving family needs if the breadwinner passes away and what can be covered by survivor pension, spouse income, and savings. That shortfall is a good guide for how much life insurance to buy. This calculator estimates it from your family situation, and all calculations run entirely in your browser.
Features
- Auto-calc from Family DataJust enter spouse, children and occupation to instantly estimate required coverage.
- Survivor Pension EstimateEstimates total basic and employees' survivor pension from occupation and income.
- Neutral, No PromotionNo steering toward any product. A neutral tool focused only on understanding your coverage need.
- Privacy ProtectedAll calculations run in your browser. Your household data is never sent to a server.
Use Cases
- Knowing how much coverage you need before buying life insurance
- Reviewing insurance at life events like marriage, childbirth, or buying a home
- Checking whether your current policy is over- or under-insured
- Estimating coverage for dual-income households factoring spouse income
- Understanding needs for the self-employed with smaller survivor pensions
FAQ
How much life insurance do I actually need?
How is required coverage calculated?
How much survivor pension will my family receive?
What if I have a mortgage?
How should dual-income households think about this?
Does this tool recommend a specific insurance product?
Is my household data saved?
Feedback
Missing a feature, or getting a result that looks wrong? Let us know — we improve our tools based on your feedback.