When trying to work out how much cover or Life Insurance Protection your family may need we recommend you consider the following:
Generally you will need a lump sum to pay out any debts. These usually include home mortgage, line of credit, car lease, personal loans etc.
Plus your loved ones will need a lump sum of money they could invest, so they can live off the proceeds (this is what our calculator will work out for you.) You just add in the amount your family may need each week.
Do you now need to know how to calculate the right amount of Income protection insurance? Then use our online easy to use income protection calculator.