Life Insurance Needs Calculator

Your DIME Coverage Estimate

The DIME method adds up four key financial areas to estimate the coverage your family may need. Enter your best estimate — if a category doesn't apply, leave it at 0.

DDebt

IIncome

MMortgage

EEducation

D — Outstanding Debts (credit cards, loans, car — not your mortgage)

I — Annual Income to Replace

Number of Years to Replace It (e.g., until the kids are grown)

M — Remaining Mortgage Balance

E — Future Education Costs (all children combined)

Minus: Existing Life Insurance & Savings (coverage you already have)

Your Estimated Coverage Need

Fill in the fields above — your estimate updates automatically.

Get Your Results + Coverage Options

Jerry will reach out with your personalized estimate and options from multiple carriers that may fit your situation — no pressure, no obligation.

Prefer the full quote page? quote.fincoverage.com · Call or text Jerry: 612-712-1289

This calculator provides a general educational estimate using the DIME method (Debt, Income, Mortgage, Education) and is not a recommendation of coverage amount, an offer of insurance, or financial advice. Your actual needs may differ — we'll help you fine-tune the number in a free 15-minute review. © 2026 FinCoverage · Jerry Yang, Licensed Life Insurance Agent · Minnesota & Georgia

How Much Life Insurance Do You Need?

Your DIME Coverage Estimate

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