How Much Life Insurance Do I Need?

The right life insurance plan can give you peace of mind as you prepare for the future. Our life insurance calculator estimates how much life insurance coverage your family may need to cover future expenses in the event of your untimely death. A life insurance policy is used to supplement the income your family may earn from nonrecurring events, like the sale of assets to pay outstanding debts or expenses, and income from Social Security, pensions, investments, or salaries. What stage of life are you in? Do you need an additional savings plan? How much benefit coverage do you need? You should discuss these and any other questions you have with a Fifth Third Insurance Specialist to establish an insurance plan that’s right for you and your family.

Next Steps

Establishing the right insurance plan doesn’t have to be stressful. Learn about Fifth Third insurance plans. Questions? Contact a Fifth Third Insurance Specialist to establish a plan that meets your objectives.

Additional Resources

Fifth Third Securities Fifth Third Guide to Consumer Insurance

You may know that insurance is designed to protect you and your loved ones’ finances when the unexpected happens—but figuring out what type of insurance will provide adequate protection can be difficult to decipher.

Choosing a Life Insurance Policy to Meet Your Needs

Any good wealth management plan involves the periodic evaluation of your financial goals and objectives—and a well-designed approach to help achieve them.

6 Life Insurance Myths Debunked

Having a life insurance policy in place can help you prepare for the unexpected and provide peace of mind. The topic of life insurance is often met with confusion and misinformation. Below are six of the most common misconceptions people have about life insurance.