​Insurance planning is the most uncomfortable type of planning and many people will try to forgo the process for one of many reasons. Thinking about your own mortality can be very difficult and many people do not think that anything bad will happen to them. It seems odd to think that everyone knows about Cancer, Heart Disease and Stroke, but so few truly believe that they can be affected by those issues themselves.

How much Insurance you Need?
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Add-Up Debt​

Add Required Income

Add Special Requests

Add Final Expenses
The main reason most people have life insurance is because they have debt. Many big debts may even require life insurance, like your mortgage. Leaving your family with the ability to pay off the debts and continue living a normal life is key.


Much of the time the biggest financial loss comes from the loss of income from the deceased. If someone has 30 years left before retirement and makes $50,000 a year after-tax, that's $1.5 million dollars that their family has to make up.


Special requests are things like charity or schooling for your children. Most people have at least one thing that they wish would happen if they pass early.


​Final expenses are sometimes hard to figure out, it is common to assume that you will need $25,000 for the funeral and costs associated with death. You would also add in any taxes that your family would have to pay on your property or investments, however, this would be covered under estate planning.