Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

What Is Human Life Value in Life Insurance? #shorts #insurancetips

16 Sept 2026 · 1 min

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Richard Canfield explains how life insurers calculate Human Life Value: a quick economic estimate based on income, age, and dependents. It's not about your actual worth, just a spreadsheet number to determine how much coverage you need.

What human life value really is. It sounds like a technical term. It also sounds like a really obnoxiously boring and kind of weird term, but it's pretty straightforward. It's the economic value associated with your life based on the people that depend on you. Now, the insurance company or in general doesn't know your family story and your history. What they do know is your income and they know your age. And that's really what determines this human life value. It's really a number that doesn't identify what you're truly worth, but it's what they can stick on a spreadsheet really quickly.