Insurance Needs Calculator

Enter the information in the form below to calculate your life insurance needs .Click on the "More Info" button next to each entry to view details explaining what information is needed. Please note the following special instructions:

  • Items marked with an asterisk "*" are required entries and must be filled in.
  • Enter only whole dollar amounts, no cents.
  • Do not enter commas or dollar signs.

When you are finished entering your information, click the "Calculate Life Insurance Needs" button at the end of the form.

Note: VA's Life Insurance Needs Calculator does not include every financial situation that may affect you. The Calculator should be used as a guide only and is not a substitute for a financial planner. Your financial information is not saved or transmitted to VA.

Financial Obligations - Immediate Cash Needs

(Burial and Funeral Costs, Uninsured Medical Costs, Estate Taxes, and Estate Settlement expenses such as legal fees)
$
$
$
$
$
$
$

Income Needed to Support Your Survivors

Annual Income Available to Your Survivors

$
$
$
$
$
$
$

Annual Income Needed to Support Your Survivors

$
years
$

Assets

Lump Sum Payments Available to Your Survivors

$
$
$
$
$
$