Once you and your clients have determined the need for life insurance, the next step is determining the amount of coverage needed.

Several years ago, we added Mark’s Life Insurance Calculator on LLIS.com as a quick tool for you to use with your clients to help with their planning (to supplement your own financial planning software). Our Advisor Services Team members will, of course, help evaluate their optimal need upon request.

Life Happens* also offers a quality, comprehensive assessment tool if you want to go more in-depth with your clients:

* Life Happens is a nonprofit organization dedicated to helping Americans take personal financial responsibility through the ownership of life insurance and related products, including disability and long-term care insurance. Life Happens also seeks to remind people of the important role insurance professionals perform in helping families, businesses, and individuals find the insurance products that best fit their needs. Life Happens does not endorse any product, company or insurance advisor. Its only interest is seeing that consumers get the coverage they need to protect themselves and their loved ones.