Insurance — Life & Disability Coverage Calculators
Focused on the coverage most people underestimate — income replacement, disability protection, and the term-versus-permanent decision. Three calculators built to turn a vague sense of "I should probably get some insurance" into an actual number.
Insurance is one of the most commonly under-planned areas of personal finance — most people either skip it entirely or buy an arbitrary round number of coverage without actually calculating what they need. The Insurance category covers three calculators aimed at replacing guesswork with a real figure.
The Life Insurance calculator estimates income-replacement coverage based on dependents, outstanding debts, and future obligations like education costs — the standard approach used by most financial planners, made self-serve. The Disability Insurance calculator addresses a frequently overlooked risk: it estimates the income gap that would open up if you were unable to work for an extended period, which for most working-age people is statistically a larger risk than premature death.
For anyone deciding between policy types, the Term vs Whole Life calculator compares the cost and cash-value growth of both options side by side — term is typically far cheaper for the same death benefit, while whole life builds cash value but at a significantly higher premium. Seeing the numbers next to each other makes that tradeoff concrete rather than abstract.