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Life Insurance Calculator

Determine how much life insurance you need. Here's what you can expect.

Tell us a little about yourself

You will answer a few questions about yourself, your family and your finances.

Get your recommendation

Based on what you tell us, we'll give you a recommended life insurance coverage amount.

Receive your customized report

You can receive your custom life insurance report and, if desired, reach out to an agent for coverage options.

What's your name?

First Name

Last Name

Are you a current Indiana Farm Bureau Insurance customer?

Yes

Who depends on you?

Tell us more about your family. Select the option that applies.

Just me

Me and my partner

Me and my children

Me, my partner, and my children

If the unexpected were to happen, what financial support would you prefer for your loved ones?

Pay off all my debts

Replace my income

Do both

How many children do you have?

What is your annual income?

Annual Income

How much of your income needs to be replaced and for how long?

Amount of your income to be replaced

For how many years

General guidelines suggest that you replace 5-10 years of income at 75% or until your youngest child has completed school. Another consideration: if all debts are paid off, how much income replacement would your family require to maintain a similar lifestyle?

Tell us about your home

Own

Rent

Approximately what is your monthly rent payment?

Rent Amount

If you rent, we will calculate 5 years of monthly rent payments.

Approximately what is your mortgage payoff amount?

Mortgage payoff amount

What are your outstanding debts other than your mortgage or rent payment?

Approximate Amount

Consider vehicle loans, credit card, student loans, or other debt

How much would you like to allocate for final expenses?

Final Expenses

General guidelines suggest funeral costs and cemetery charges average $15,000.

Do you plan on paying for your children's education?

Yes

How much life insurance do you want to provide for your children's education?

Education Amount

Typical recommended amount is $25,000 per college year

Do you have life insurance?

Yes

How much life insurance do you have?

Life insurance amount

Our goal is to help you determine the amount of life insurance that fits your needs.

Your Life Insurance Need is

of coverage to protect you, your family or legacy.
It's called life insurance for a reason.
Did you know it can provide living benefits?

Download our article "5 Facts that May Surprise You About Life Insurance".

Get your custom report

We'll email your customized recommendation, as well as the article 5 Things You Didn't Know Life Insurance Can Provide

Get your recommendation

Success! Your recommendation is on its way.

* We may contact you about insurance products and services that may interest you. By clicking Submit you consent to such contact.

Or, reach out to an agent directly

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