Insurance / Free tool
Life insurance cover calculator
Estimate a family support gap from expenses, liabilities and assets.
Your estimate
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Illustrative estimate. See calculation assumptions below.
Monthly repayment schedule
Principal and interest, one payment at a time.
| Month | Payment | Principal | Interest | Balance |
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How this calculation works
Additional cover = max(0, monthly expenses × 12 × support years + liabilities + goals − available assets − existing cover).
Assumptions & limitations
Simple undiscounted expense replacement. No inflation, investment return, income changes or policy terms are modeled. Exclude assets the family cannot use. This is a planning estimate, not a premium quote or advice.
Change the inputs to compare scenarios. A calculated illustration does not confirm a bank offer, investment return, insurance benefit or eligibility.