Assess Your Life Insurance Needs This calculator estimates how much life insurance you would need to meet your family's needs if you were to die prematurely. You are viewing this website at a small screen resolution which doesn't support calculators. Click here to view this calculator. Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Content Is Term Life Insurance for You? Term insurance is the simplest form of life insurance. Here's how it works. Your Changing Definition of Risk in Retirement A change in your mindset during retirement may drive changes to your portfolio. Required Reading: The Economic Report of the President The Economic Report of the President can help identify the forces driving — or dragging — the economy.