Insurance & Protection

Insurance is the foundation of any sound financial plan. Our free insurance calculators help you determine the right coverage levels for life, health, disability, home, auto, and umbrella insurance — so you can protect your family and assets without overpaying for coverage you don't need.

All calculations are performed locally in your browser. Your personal data is never transmitted to any server.

Life insurance needs are typically calculated using the income replacement method (10–12× annual income) or the DIME method (Debt + Income replacement + Mortgage + Education costs). Our calculator uses a comprehensive approach that factors in existing savings, Social Security survivor benefits, and future expenses like college tuition.

Health insurance cost comparisons consider total annual cost: premiums + expected out-of-pocket expenses based on your anticipated healthcare usage. A high-deductible plan with lower premiums may cost less overall if you're healthy, while a PPO with higher premiums may save money if you have frequent medical needs.

A common rule of thumb is 10–12 times your annual income for life insurance, but the right amount depends on your specific situation: number of dependents, outstanding debts, future education costs, and existing savings. Our Life Insurance Calculator provides a personalized recommendation.

Umbrella insurance provides liability coverage beyond your home and auto policy limits, typically in $1 million increments. It's recommended if your net worth exceeds your existing liability coverage, or if you have risk factors like a swimming pool, teenage drivers, or rental properties.

Disability insurance replaces a portion of your income (typically 60–70%) if you're unable to work due to illness or injury. Since you have a roughly 1-in-4 chance of becoming disabled before retirement age, it's often called the most underrated insurance product.