Coverwise — Life Insurance

How much life insurance does your family actually need? Find out in 30 seconds — no email, no agent, no spam.

How much life insurance does your family actually need?

Most people guess. Coverwise gives you a number based on the same two methods professional planners use — without the sales pitch.

WHAT YOU GET IN 30 SECONDS • A clear coverage recommendation tailored to your situation • A side-by-side comparison of two industry-standard methods (DIME and Human Life Value) • A monthly premium estimate so you know what to budget • A breakdown of every component — debt, income replacement, mortgage, education — so you understand the math behind the number

THE TWO METHODS

DIME Method — Adds up what your family would need to stay financially whole: Debts to be paid off, Income to be replaced, Mortgage balance, and Education costs for kids, minus assets you already have.

Human Life Value (HLV) — Estimates the future earnings you would have provided to your family until retirement, discounted to today's dollars.

Coverwise calculates both and recommends the higher of the two — the conservative approach used by most fee-only advisors.

WHO IT'S FOR

• New parents wondering if their employer policy is enough • Homeowners who want their mortgage covered if something happens • Anyone who's been told "you need 10x your income" and wondered if that's actually right • People who want to compare a quote from an agent against an independent number

WHY COVERWISE

• No email, no signup, no agent contact — your numbers stay on your device • No upsell to whole life or universal life products • Plain-English explanations of every input, with optional context tooltips • Works offline after first launch

IMPORTANT

Coverwise is an educational tool. The recommendations are estimates based on the inputs you provide and standard industry formulas. They are not insurance advice, financial advice, or a quote. For a binding quote and personalized recommendation, consult a licensed insurance agent or fee-only fiduciary advisor in your state.

Coverage needs change with life events — marriage, a new child, a home purchase, a salary change. Re-run the calculator whenever your situation changes.

PRIVACY

Coverwise does not collect or transmit personal information. Inputs are stored locally on your device. The app shows ads served by Google AdMob, which may use a device identifier; you can control tracking through your iOS Settings → Privacy.

Tap "Get Started" to see your number.