Broker Check

Assess Your Life Insurance Needs

Did you know that many people believe they don’t carry enough life insurance? Our simple calculator can provide general guidelines to consider and help you in creating a course of action!

Your Information Inputs

$0 $10,000,000
$0 $10,000,000
1 50
$
$
$
$

Your Coverage Analysis Outputs

Total Needs
$0
Total Current Resources
$0
Estimated Coverage Gap
$0

Don't get discouraged if the results are short of what you expected.

There are several ways to incorporate life insurance into your personal finance strategy. But keep in mind that several factors affect the cost and availability of life insurance, including age, health, and the type and amount of insurance purchased. But the good news is that you can start your life insurance journey today!

Life insurance policies have expenses, including mortality and other charges. If a policy is surrendered prematurely, the policyholder may also pay surrender charges and face income tax implications. You should consider whether you are insurable before implementing a life insurance strategy. Any guarantees associated with a policy depend on the issuing insurance company's ability to continue making claim payments.

Have a Question?

Jon McCardle
Jon McCardle
Summit Retirement Advisors President
https://summitfinancialgroupofindiana.com/ (765) 447-1330

Summit Retirement Advisors specialize in providing tailored financial strategies and advice to the higher education community, including university faculty and staff, and private clients. Our firm focuses on collaborative partnerships that educate and equip clients, helping them make informed decisions and minimize stress or uncertainty. Dedicated to delivering peace of mind and long-term financial stability, we transform the way our clients view their future and manage their professional lives. Some of our services include 401(K), 401(A), 403(b), and 457df(b) account management, financial planning, wealth management, and retirement planning.