Life Insurance  
Providing for your family in the event or your death is a fundamental of risk management. And life insurance benefits that replace your income may be one of the best ways to meet your family’s ongoing financial needs. This calculator is designed to help you estimate the amount of life insurance you would need to produce a sufficient income stream for your family.
     

What is your current income before taxes?

$

What percentage of this income will your family need?

%

For how many years will your family need this income?

What do you expect the rate of inflation to be over this time period?
Note: In recent years, inflation has been 3 percent.

%

What investment return do you expect your family to earn over this time period (0 percent to 10 percent)?

%

Enter the total of any one-time payments that your family will have. (e.g., funeral costs, future college costs, home mortgage, and any other debts you want the insurance to pay.)

$
 
   
   
BPC Investment Services
160 South Jefferson Avenue • Cookeville, TN • 38501
Phone: 931-525-2415
• judy.freeman@lpl.com

Securities offered through LPL Financial, member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. Bank of Putnam County and BPC Investment Services are not registered broker/dealers and are not affiliated with LPL Financial.    Investment Advisory Services offered through LPL Financial, a Registered Investment Advisor. 

The investment products sold through LPL Financial are not insured Bank of Putnam County deposits and are not FDIC insured. These products are not obligations of the Bank of Putnam County and are not endorsed, recommended or guaranteed by Bank of Putnam County or any government agency. The value of the investment may fluctuate, the return on the investment is not guaranteed, and loss of principal is possible.
 
 

Important Consumer Information: 

This site is for informational purposes only and is not intended to be a solicitation or offering of any security and;

1. Representatives of a broker-dealer("BD") or investment advisor("IA") may only conduct business in a state if the representatives and the BD or IA they represent (a)satisfy the qualification requirments of, and are approved to do business by, the state; or (b)are excluded or exempted from the state's licensure requirements.

 

 

2. Representatives of a BD or IA are deemed to conduct business in a state to the extent that they provide individualized responses to investor inquiries that involve (a)effecting, or attempting to effect, transactions in securities; or (b) rendering personalized investment advice for compensation.

Privacy Policy