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



Education funding, Child 1
annual university cost for a child living at home, $12,000 pa

Education funding, Child 2

Education funding, Child 3


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

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