Insurance Calculator

Life insurance is like a parachute: If you don’t have it when you need it, it’s too late.

John W. French Sr., Austin, Texas

How much Life Insurance should you have?

Life insurance is required for the following purposes:

- To cover a debt such as a mortgage.
- To provide for your dependents in the event of your death.

	Cost to bury you
	Debt
	Savings
	Education funding, Child 1 annual university cost for a child living at home, $12,000 pa
	Education funding, Child 2
	Education funding, Child 3
years	Housekeeper/nanny at for 48 weeks/year, for
for years	Annual, tax paid, income to supplement surviving partner/family income

	Recommended level of life insurance required