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How much life insurance do I need?

The amount of life insurance coverage you need varies based on a lot of factors including your life stage, your family needs and your outstanding debt. But there are some simple questions you can use to help evaluate your coverage needs.
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Take a minute to answer these brief questions
  • How much money do you have in savings?
  • How much debt do you have, including things like your home or student loans?
  • Do you have family or loved ones who depend on your income?
  • How long would they need your income if something were to happen to you?
  • Do you have children?
  • Do you plan on sending your children to college? If so, how much will they need?
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Ready to take the next step?

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Calculate your coverage needs
We have a handy calculator to help you walk through these items and determine what your needs might be. Why not take a few minutes now and find out how much coverage you may need?
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Get started today
Coverage is often more affordable than you think. But even if you can’t afford everything you need now, there are ways to structure policies so that you can layer coverage. Get a little coverage now and add to it later. You’ll be glad you did.
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Need help?

We’re happy to help answer questions and discuss policy options. Call 1-800-523-0719 or contact us via email.
All Learning Center articles are general summaries that can be used when considering your financial future at various life stages. The information presented is for educational purposes and is meant to supplement other information specific to your situation. It is not intended as investment advice and does not necessarily represent the opinion of Protective Life or its subsidiaries.

Neither Protective Life nor its representatives offer legal or tax advice. We encourage you to consult with your financial adviser and legal or tax adviser regarding your individual situations before making investment, social security, retirement planning, and tax‚Äźrelated decisions. For information about Protective Life and its products and services, visit

Agent/Producer Compensation Disclosure: Agents/Producers receive compensation from an insurer or third party, which may differ depending upon the product or insurer. Additional compensation may be received by the Agent/Producer based on other factors including premium volume placed with the company and loss or claim experience.

Crump Life Insurance Services, Inc. a licensed insurance agency, is licensed to sell Protective Life products and may receive compensation from Protective. Crump Life Insurance Services, Inc. and its affiliates do not guarantee the services of any insurance Company. Protective Life and Crump Life Insurance Services, Inc. are separate independent entities and are not responsible for the financial condition, business, or legal obligations of the other. The California license number for PLICO is 07726.

Truist Life Insurance Services, a division of Crump Life Insurance Services, Inc., AR license #100103477, a wholly-owned subsidiary of Truist Insurance Holdings, Inc. Truist Insurance Holdings, Inc. is a wholly owned subsidiary of Branch Banking and Trust Company.

© 2020, Truist Financial Corporation. Truist, BB&T and the BB&T logo are service marks of Truist Financial Corporation. Member FDIC.

Protective is a registered trademark and Classic Choice is a trademark of Protective Life Insurance Company.

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