How much life insurance do I need?


How much life insurance do you need?


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Brenda: Everybody’s situation is different and that is why we ask the questions we do. We want to know what they have going on. If it is a family and there is children and college educations and mortgages, we want to make sure if an income is lost, that the surviving spouse and children would be okay.

Vince: Um hum.

Brenda: So we’re going to guide them through the process giving them an idea of what they should have. And then we work to find the way to accomplish that.

Vince: Okay so it’s not a cookie cutter approach where everybody gets the same amount of insurance?

Brenda: Absolutely not.

Vince: No.

Brenda: Everybody’s needs and everybody’s conditions are different.

Vince: Right.

Brenda: So you have to learn about them and learn what’s important and what will fit.

The right amount of life insurance for me

Since everyone’s situation and needs are different, the right amount will depend upon things like your income, number of dependents, and amount of debt.

To determine the amount of insurance that you need, you should ask yourself what you want your policy to do for you. Do you want it to help protect a spouse and/or children, a mortgage or to help fund a college education if you pass unexpectedly? We provide an easy calculator to determine how much insurance is right for you.

There’s no one-size-fits-all approach, and only 15% of Americans claim to be very knowledgeable about life insurance.¹ So speaking with an Amica Life insurance representative and/or or using our needs calculator can help you determine the amount of coverage that is right for you.

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How much life insurance coverage is right for you?

Use our needs calculator to find out.

Life insurance calculator


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Tips to help determine the right amount of coverage for your needs

No matter what stage of life you’re in, it’s important to consider several factors to help determine if your life insurance covers all of your unique needs.

Your helpful life insurance guide: The basics

When it comes to life insurance, you may need help making an informed decision. We’ve created this guide that’ll make understanding and navigating the world of life insurance much easier for you.

Amica Life Survey finds Many Americans are underinsured – are you?

If something were to happen to you, or to your spouse, would you have enough life insurance protection to cover all of your expenses?

Why Amica Life?

With Amica Life, you can always expect an extraordinary level of service. Our licensed professionals will listen to your unique needs, answer your questions, identify coverage that's right for you and then help you every step of the way to ensure your coverage stays in line with all of your life’s changes. With an A+ (Superior) rating from A.M. Best2, a leading authority on insurance company financial stability, you can also be confident Amica Life will be there for your loved ones.

Learn more now!

12015 Amica Life Financial Peace of Mind Survey
2A.M. Best Company. Feb. 18, 2016. A+ is the second highest of 15 possible ratings. For the latest rating, access