A Life Insurance Needs Calculator
can help you determine your life insurance needs
based on your current financial situation.
Interstate Life is a proud sponsor of Life Happens, a nonprofit organization dedicated to helping Americans take personal financial responsibility through the ownership of life insurance and related products.
Do the math and then see which product is right for you!
A few things to consider…
Life Insurance can be used for several purposes. Here are a few examples of how Life Insurance may be relevant to your situation:
If you are responsible for a spouse and children, you may want to consider having enough coverage to pay for your home and living expenses if you were to die unexpectedly. You may also want to consider having coverage to pay for your children’s future educational expenses, like college tuition.
If you and your spouse are empty-nesters, you may not need coverage for a mortgage or tuition, but you may want to consider coverage for burial or cremation expenses.
If you already have assets set aside for your children, grandchildren, or a favorite non-profit organization, you may want to consider life insurance as an estate planning tool. It can assist you with transferring money in a tax-advantaged way.