Collegiate Alumni Life Calculator (CALC)
“How much life insurance do I need?” You need enough to help your loved ones cover your primary financial obligations in your absence. But every family’s financial situation is unique. Many calculators do not consider enough data about your financial life, resulting in a quick but inadequate result.
CALC is designed to cover the important areas without making its completion overly complex and time-consuming. Answer some important questions and you’ll receive a fairly detailed, personalized estimate of your life insurance need.
When should you use CALC? Owning life insurance doesn’t mean you’ll never need to think about it again. It’s important to re-assess your life insurance need whenever you experience a significant life event, like a marriage, birth of a child, divorce, or job change – and at least every five years, since your circumstances probably will have changed.