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Life Insurance Adequacy Calculator
This calculator uses the multiple-of-income method to tell you how much life insurance you should have, given your gross annual income. The calculator will compute both the minimum and maximum amounts of life insurance that you may need.
Please enter the necessary parameter values, and then click 'Calculate'.
- The purpose of life insurance is to replace your income if you happen to die in order to protect the quality of life of those who depend on your income.