Life Insurance Calculator
How much protection does a family need? That's a difficult question because it depends on so many factors that can't be predicted - like how long you will live. A simple approach is to plan for the worst case (e.g. immediate death) and decide how much money surviving family or loved ones will need to handle such matters as...
- How much debt do you owe? (e.g. Mortgages, Credit Cards, Personal Loans)
- Would you like to provide an ongoing income for your family in the event of your death?
- Would you like to pay for your children's education?
- What medical costs would you have to pay?
- How much could a funeral cost you?
We have developed our own quick online calculator to assist you with determining an idea of how much cover is suitable to your situation*
*Our calculator is not intended to replace a full needs analysis process
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Do you currently have any existing life insurance? |
Please enter the total amount (unless you intend on replacing this cover) |
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Please enter the total amount of any mortgages you may have |
(e.g. Your home, investment properties, holiday homes) |
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Please enter any other debts that you have |
(e.g. Loans, Credit Cards, Personal Loans) |
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In the event of your death, are there any assets that could be sold to provide for your spouse / dependants? |
(e.g. Holiday home, second car) - Please enter a total |
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In the event of your death, how much would your spouse / dependants need as a yearly income? |
This is an after tax amount |
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For how many years would this income be required?
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Are there any other one-off costs you would like to cover? |
(e.g. Medical bills, children's education costs) |
$
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