After inputting basic economic information—current income and debt, number of years to retirement, ongoing financial commitments, funding goals and current resources—advisors and/or clients can view the range of their economic value by displaying their basic needs on the low end of the spectrum and their Human Life Value on the high end. A slide bar enables them to choose an amount of desired insurance coverage between those numbers, and they can arrange to send the results to themselves and their advisors by e-mail.
“People often do not realize how big that number can be,” said Andrea Mack, director, Life Product Promotions. “Once they do, they think twice about their life insurance coverage.”
