Life Insurance Gap Analyzer

A needs-based planning tool for estimating life insurance gaps

Life Insurance Planning & Education

Life Insurance Gap Analysis

✦Prepared By (appears on the report)▶
These details appear on the printed / PDF report header and footer. They are saved with the analysis and never leave the browser.
1Client Profile▶
The planning objective does not change the math by itself. It helps frame the final report and talking points. Use Analyze death of to run the gap on either spouse — only policies insuring that person count as coverage for that death.
2Assets & Liabilities▶
Assets
Liabilities
Total assets$0
Total liabilities$0
Estimated net worth$0
Liquid assets$0
Illiquid assets$0
Liquidity ratio0.0%
3Family Income Replacement▶
Surviving Spouse Cash Flow
The surviving-spouse view models the capital available at the client's death (insurance plus assets, net of debts and final costs) and the income that capital can sustainably produce, set against the survivor's spending need. It complements the lump-sum gap with an annual cash-flow lens. Continuing spouse income is pulled from the Client Profile.
Income replacement is a planning estimate. The appropriate amount depends on survivor lifestyle needs, tax treatment, investment returns, inflation, and other available resources.
4Debt Payoff & Survivor Liquidity▶
Pay off at death?
Mortgage balance
Other real estate debt
Business debt
Personally guaranteed business debt
Student loans
Vehicle / personal debt
Credit card debt
Other liabilities
Survivor liquidity
Debt payoff need$0
Final expenses$0
Emergency liquidity fund$0
Estimated settlement costs$0
Total debt / liquidity need$0
5Education Funding▶
6Estate Liquidity Planning▶
Federal estate tax calculations are simplified estimates and do not account for all deductions, portability rules, trust planning, marital deduction planning, lifetime gift strategy, asset location, or law changes.
7State Estate / Inheritance Tax Module▶
Select a state of residence in the Client Profile to load simplified state assumptions.
State estate and inheritance tax calculations are simplified estimates. Actual liability may vary based on residency, asset location, marital deductions, tax brackets, heirs, portability, state-specific rules, and future law changes.
8Business Planning▶
9Existing Insurance▶
Enter up to five in-force policies. Coverage is classified by purpose (family, estate, or business) and by durability (temporary vs. permanent) to test whether existing coverage matches the largest planning need.
10Assumptions▶
These global assumptions sync with the matching fields in earlier sections when you run the analysis. Adjust any of them and re-run Analyze Insurance Gap.
Analysis Summary

Insurance Gap Analysis

Estimated Net Worth
$0
Total Planning Need
$0
Existing Usable Coverage
$0
Additional Coverage Need
$0
Existing Total Death Benefit
$0
Suggested Planning Range
$0
Overall Status
—
Summary — How We Arrived at This Number

The build-up, step by step
Recommended Action Plan
    These are planning suggestions offered for discussion. They are not an offer of insurance or a recommendation of any specific product, carrier, or strategy. Any coverage is subject to underwriting, and final decisions should be reviewed with your attorney, CPA, and a licensed insurance professional.
    Detailed Breakdown
    Planning CategoryEstimated NeedExisting Usable CoverageGap / SurplusStatus
    Cash Flow — Today vs. Survivor Scenarios
    Earned income (you / spouse) Other income (SS / pension) Income from assets & current insurance Income from new coverage Annual spending need
    Capital available to surviving spouse
    Estimated annual survivor cash flow
    Estate Detail
    Estate Planning MetricAmount
    Existing Coverage Detail
    PolicyTypeInsuredDeath BenefitOwnerBeneficiaryExp. AgePlanning UseDurability Flag
    Planning Notes
      Potential Coverage Structure
        Talking Points
          Assumptions Used
          AssumptionValue
          Disclaimers

          This analysis is an educational planning estimate and is not legal, tax, investment, insurance, or financial advice. The results are based on client-provided information and planning assumptions. Final recommendations should be reviewed with the client's attorney, CPA, financial advisor, and licensed insurance professional.

          This tool does not recommend a specific insurance product, carrier, policy, or strategy. It estimates potential coverage needs based on planning categories and user-selected assumptions.

          Federal and state estate and inheritance tax figures are simplified estimates. They do not reflect all deductions, portability, marital deduction planning, trust planning, lifetime gifting, asset location, heir relationships, residency, or future changes in law. All figures are subject to legal, tax, and underwriting review.

          This analysis is not an offer or solicitation of insurance. Any coverage is subject to underwriting approval, policy terms and charges, and the claims-paying ability of the issuing insurer; product guarantees are backed solely by the financial strength of the issuer. Mach96 and its representatives are not affiliated with, or endorsed by, any government agency.