Needs analysis worksheet A needs analysis can help you show clients the extent of what they could be protecting with life insurance. This worksheet can help you break down the numbers. The results can help you recommend the best term or permanent life insurance solution for their specific needs. L + I + F + E Loans/ Income Funeral Education liabilities replacement expenses expenses/ estate planning $ $ $ $ Including mortgage Multiply annual Can be upward For kids and and debts income by how many of $10,000* remaining spouse years you'd like it replaced = L.I.F.E total Assets/savings $ $ Budget Total needed $ $ Download this worksheet Download detailed worksheet For a quick and easy overview For a deeper dive into a clients finincial needs of a clients needs For Financial Professional Use Only. Not for Use With Consumers. 11