"Required Insurance" Calculator

For a particular scenario, please fill in the appropriate entries. You may leave entries that are not applicable blank. The form will automatically calculate the results in the light yellow rows. To traverse the fields using the keyboard, please use the <tab> key.

Please note that this is a guide only.


1. Funeral and other final expenses
2. Taxes and estate costs
3. Final medical expenses
4. Repayment of Debts
4a) Mortgage
4b) Personal Loans
4c) Credit Cards
4d) Business Loans
4e) Other
5. Establishing an emergency fund
6. Children's education
Subtotal
7. Dependant Support This can be a very difficult figure to estimate. One way of doing this is to calculate the income per year required for each dependant and multiply it by the number of years this income support is required. A second method is to calculate the income earned from a lump sum invested at a pre-determined interest rate. Use the capital amount.
Total Required
Less
Existing Life Insurance Cover
Superannuation and other
Realisable investments
Additional Insurance Required:

Please Remember this is a guide only.