Life Insurance Needs Analysis 

Immediate Cash Needs
  1. Final Expenses:
The amount needed to cover all final expenses.
$  Required
  2. Mortgage:
Enter your mortgage balance here, if you intend to pay off your mortgage upon your death.
  3. Other Debts:
Estimate the amount needed to pay off your debts.
  4. Emergency Fund:
The amount you would like to reserve for unforeseen financial needs.
  5. Education Fund:
The total cost of sending your children to college.
Future Income Needs
  6. Survivor's Income Replacement Need:
Generally, it is estimated that your family will need to replace 65% to 75% of your current gross annual income in order to maintain its standard of living after your death.
$  Required
  7. Years Needed:
Estimate the number of years your dependents will rely on this income. Consider the ages of your dependents and the length of time your surviving spouse will need the income.
  8. Rate of Return:
Estimate the rate of return you expect your dependents to receive on your investments after your death. The average is between 5.5 percent and 10 percent.
  %  Required
  9. Future Annual Inflation Rate:
Expected annual increase in inflation. The average is between 0.0 percent and 4.5 percent.
  %  Required
Available Funds
  10. Savings & Investments:
The current value of savings & investments which may be liquidated to provide your family cash upon your death.
  11. Retirement Savings:
The current value of retirement savings which may be liquidated to provide your family cash upon your death.
  12. Other Assets:
All other assets which may provide income to your family.
  13. Current Life Insurance:
Include all life insurance policies, including coverage through your employer.
$  Required
This Life Insurance Needs Analysis is intended only to provide a general estimate of the amount of life insurance coverage you may need. Your actual need today and over time may be higher or lower than shown. This analysis provides only a snapshot of your current situation. You should complete a new Life Insurance Needs Analysis at least annually, and whenever your relevant information changes. The results of this analysis are based on your inputs and assumptions. Changes to those items will produce different results. Neither Protective Life Insurance Company nor its representatives offer legal or tax advice. Investors should consult their attorney or tax adviser regarding their individual situation.
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