MetLife
 
 
MetLife Life Insurance Calculator
 

 

This Life Insurance Calculator will help you evaluate an appropriate amount of life insurance you may need to provide financial protection for your family. You will be asked to provide general information regarding your personal financial circumstances. The result is based on the information you enter and your needs may vary, for example your survivors may have other assets and sources of income. Please be aware that the actual amount of any life insurance will be subject to the terms and conditions of the life insurance policy.

Please note:    

 The information you enter is not reviewed, monitored, or stored by MetLife.

  

 It is not necessary to fill out the items not applicable to you to calculate a result.

 
Step 1: Basic Expenses

Monthly Mortgage Payment
Tip: If you would like to pay off in full, enter $0 here and list this expense in the "Debt" section to follow.

$

Monthly Rent
(Not applicable for homeowners)

$

Monthly Household Living Expenses
Include food, clothing, utilities, repairs, entertainment, etc.
Tip: The average US monthly household expense, NOT including rent or mortgage is approximately $3,227 per month.
Source: US Department of Labor, Bureau of Labor Statistics, 2007.

$

Monthly Child Care
$

Monthly Insurance Costs
Include premiums and other expenses for medical/hospital, dental, auto, home, and long-term care.
$

Other Monthly Expenses
Include school tuition, property taxes, etc.

$
Total Basic Expenses (per month)
$
Total Basic Expenses (per year)
$

Number of Years You Wish to Cover These Expenses
Total Basic Expenses for the
Protection Period
$

Clear Back Continue to Step 2 - Planning Expenses
 
 
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