Assignment 19-4: Life Insurance Assignment

Use in order to calculate how much life insurance you need.  You can use current numbers or realistic projections for when you graduate with your degree – Use to complete your research; other debt will include school loans, car loans, credit card balances, etc.

To complete the assignment, you will have to fill in the table below with the results given to you based on the inputs you entered in the first website above.

Insurance Summary Table





Immediate needs


Long-term needs


Total needs






Investment assets


Existing life insurance


Spouse’s earnings


Total resources




Shortfall (needs – resources)


Additional life insurance needed