Congratulations on taking an important step towards understanding how you can safeguard you or your family's livelihood should you or your partner fall sick, have and accident or pass away.
Insurance is one of the ways you can protect the things that matter most and this calculator will help you figure out how much term life and income protection insurance you may need.
The whole process should take no more than five minutes. Along the way you will be asked about your income, assets and debts (such as mortgages and credit cards), as well as how much insurance you already have. This will help us form a picture about your ongoing financial needs with most of this information being used to calculate your term life needs.
It helps if you understand how much it costs to maintain your lifestyle each year or to raise your kids. If you have the time, take a look at the following areas before you get started – whether you take out insurance or not, you'll learn some fascinating things.
Helping you to get wise on life insurance.It's important to note this calculator provides general information only and is based on what you tell me, so you might want to get advice to understand your insurance needs in more detail.