We know that you want to protect your loved ones. That's why it's important to determine the correct amount of life insurance that's right for you. Each family has to deal with its own set of unique circumstances and challenges of unexpected financial demands associated with the loss of life.

This form will help you calculate the amount of Voluntary Life insurance coverage that you and your family may need in addition to any coverage you may already have.

Needs
Immediate You Your Spouse
     Medical and Hospital Expenses
     Funeral/Burial Expenses
Taxes
     Federal/State Income Taxes
     Property Taxes
     Federal/State Estate Taxes
     Loans/Debts that need paying upon death
Income Replacement
     Amount needed
NOTE: Consider the income needed to support your dependents and the number of years support is needed.
Long Term
     Emergency fund for unforseen
     expenses
     Mortgage
     Debts
     (credit cards, car and student loans, etc.)
     Educational/Vocational fund
     Childcare expenses

Resources
Available Resources You Your Spouse
     Existing life insurance
     Other assets (401(k), stocks, etc.)        

              

Calculated Results
Life Insurance Needs Analysis You Your Spouse
     Total needs
     Total resources available
     Voluntary Life Insurance needed

You've calculated how much additional coverage your family might need. To see how much it will cost to purchase additional coverage (up to the maximum) through The California State University's Voluntary Life Insurance program, use the Premium Calculator.