Life Insurance Coverage Calculator

From your independent Australian Life Insurance Broker

How much Life Insurance Coverage (Sum Insured) Do You Need?

The calculation of sum insured is an individual issue and varies accordingly. It will depend on the stage you are at in life. Whether you are single or married, whether you have debt and how much, whether you have a spouse and children who need financial provision made for them, whether you have a disabled child or other beneficiary who may need special needs and particular sums of money ongoing, etc., etc.

The more financial obligations, the more children you have, the more assets requiring protection, previous marriage obligations, bank guarantees, mortgages, growing childrens needs such as university education, sporting costs, new vehicle costs, reasonable lifestyle costs ... the more life insurance that is needed.

Generally, the following outlines are a guide to establish how much cover you will need.

NOTE: All figures and estimates are not to be taken as advice in any way, but are for illustrative purposes only.

Further Inquiries

We welcome inquiries on our Life, Trauma, TPD & Income Protection Insurance products and broker services. Please feel free to send us an email, call us on 1300 766 467, use our contact us page to send us an online inquiry or submit a life insurance request quotation, income protection insurance request quotation, trauma insurance request quotation or tpd insurance request quotation form. We will contact you within 24 hours to answer your inquiry.

DISCLAIMER

This web site does not provide financial or investment advice. The information herein is general material and does not take into account your personal and particular insurance, personal, or investment data or objectives or relevant needs. If we can assist with specific advice please contact us.