Life Insurance Calculator
Find your ideal life cover using a combination of income replacement, liabilities and goals.
What is the Life Insurance Calculator?
The Life Insurance Calculator is a free online tool that helps you make informed decisions about your money. Enter your numbers and the calculator gives you instant, accurate results.
Use it to compare scenarios, plan goals and validate assumptions — all without signing up.
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Cover needed
Cover = (Income × Years) + Liabilities + Goals − Existing -
Rule of thumb
Cover ≈ 10–20× annual income
Why use the Life Insurance Calculator?
Financial planning works only when it's specific. The Life Insurance Calculator converts assumptions into concrete numbers — so you can choose between scenarios with confidence rather than guesswork.
How it helps
By tweaking inputs and instantly seeing the impact, you build intuition for how the underlying variables interact. This is far more useful than abstract formulas alone.
What to remember
Calculators show possible outcomes based on the assumptions you provide. Real-world results may vary; review your plan periodically and adjust as your income, goals and circumstances evolve.
Frequently Asked Questions
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