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If I don't know how much I need: image of smiling little boy and girl peering out from underneath the bedcovers
If I say "I do" 
If I'm having a baby 
If I'm buying a home 
If I'm on a budget
If I don't know how much I need
If I'm not sure which kind is right for me 

How you know how much life insurance to buy.
If you’re not sure how much life insurance you need, you’re not alone. On one hand, it’s important to buy enough coverage so your family is taken care of. On the other hand, you don’t want to pay for insurance you may not need. Before you select a policy, ask yourself some of the questions below. Then, use one of our life insurance calculators to get a ballpark idea of how much life insurance to add to your personal safety net.

If you’re wondering how much life insurance to apply for, here are a few things to think about:

Your income.
If your family ever loses you, they’ll lose your income as well, and the support it provides. Think about the amount of money you contribute to your household—including anticipated increases and money you set aside for important goals—and you’ll get an idea of how much life insurance you’ll need to replace it.

Your work benefits.
Your employer-provided benefits are just as valuable as your income. When deciding how much life insurance you need, don’t forget to take things like the cost of health insurance, and 401k matching into account.

Your chores, errands and labors of love.
Think about it: There are lots of them. There are the big things you do for your family—like caring for your children. And the little ones—like mowing the lawn or painting the kitchen. It’s important to take count of all the ways you make your family’s life better, to help ensure they’re taken care of after you’re gone.

Still wondering how much life insurance you need?
We can help you get an idea of how much life insurance you’ll need with our life insurance calculators.

Talk to us—or learn more on your own.
A MetLife Representative can tell you more precisely how much life insurance you need—and how much it will cost. So talk to us. We’ll answer all your questions. If you’d like, we can have a MetLife Representative contact you or we can help you find a MetLife Office. You can also learn more about Term Life Insurance and Permanent Life Insurance on your own.

Life insurance issued by Metropolitan Life Insurance Company, New York, NY, 10166, MetLife Investors USA Insurance Company, Irvine, CA, 92614 (except in NY), and First MetLife Investors Insurance Company, New York, NY (NY only), members of the MetLife family.

Like most insurance policies, MetLife's have exclusions, reductions of benefits and limitations and terms for keeping them in force. Your representative will be happy to provide you with the costs and details.


 

Life Insurance Selector: How Much and What Kind Do You Need?


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