Life Insurance Needs Calculator

Many families know they should have life insurance protection but delay this important decision because they are unsure about the amount and type of coverage they need.

Families often ask, "How much life insurance is enough?" 

Common industry guidelines recommend life insurance coverage equal to seven to 10 times a person’s income, taking into account all sources of income including Social Security, retirement benefits and liquid assets such as savings and money market accounts.

However, during the last several decades there has been a gradual shift from the "traditional" family to a myriad of other types of families -- single-parent, blended or dual-earner, to name a few.

According to a recent Roper Starch market research survey, more than 25 million American households have no life insurance coverage at all, including four out of 10 households headed by single parents. 

However, although three out of four people surveyed believe that life insurance is something they need, more than 60 percent say that not knowing enough about insurance is a reason for the lack of protection.

In addition, many people do not realize that the cost of life insurance has declined dramatically over the last several years, providing an opportunity for greater protection with less out of pocket costs.

At Insurance Direct^®, we strive to provide the best information to you so that you can make an informed choice regarding your coverage choices.

With this in mind, we are offering the "Insurance Needs Calculator" to help you assess your options when considering just how much life insurance coverage is enough.

Included is an overview of the earned value, living needs and retirement needs approach to life insurance planning.

For your free copy, please call or e-mail us today.

Insurance Direct^® ... the best coverage, at the best rates.

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