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MetLife Life Insurance Calculator
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This Life Insurance Calculator will help you determine an appropriate amount of life insurance you may need to provide adequate financial protection for your family. You will be asked to provide and input general information regarding your personal financial lifestyle. Please note that this information is not reviewed, monitored, or stored by MetLife.

Step 1: Basic Expenses

Monthly Mortgage Payment
If you would like to pay off in full, enter $0 here and list this expense in the "Outstanding Debt" section to follow

$

Monthly Rent
(Not applicable for homeowners)

$

Monthly Household Living Expenses
(Food, clothing, utilities, repairs, entertainment, etc.). Approximately $1,600 per month per the average US household consisting of 4 people.
(Source: U.S. Bureau of Labor Statistics Consumer Expenditure Survey, 2000)
$

Monthly Child Care
$

Monthly Insurance Costs
(Medical/hospital, dental, auto, home, long-term care: insurance premiums and out-of-pocket expenses)
$

Other Monthly Expenses
(School tuition, property taxes, etc.)

$
Total Basic Monthly Expenses
$
Total Basic Annual Expenses
$

Number of Years You Wish to Cover These Expenses
Total Basic Expenses for the
Protection Period
$

Clear Back Continue to Step 2 - Planning Expenses
 
 
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