This tool will help you decide how much Life and Critical Illness Cover
you may currently require. Simply answer the questions below and click
calculate.
Life
Cover
In the event of your death:
What lump sum would you
want to protect your family/dependants' standard of living? You might
want to do this by assessing their likely ongoing expenditure after your
death and the number of years you want to provide for. Alternatively,
you could estimate the level required by multiplying your annual salary
by the number of years the money would be needed for.
£
How much money would
you need to cover any major loans (i.e. the amount outstanding on your
mortgage) and other debts such as loans, cards, funeral expenses?
£
Critical
Illness Cover
In the event of you being diagnosed with a critical illness:
How much money would you
want to put towards repaying any major loans such as a mortgage?
£
How much money would you
want to cover any other expenses such as school fees, loans, cards or
even just a holiday to help you recover.
£
How much money would
you want to help adjust your lifestyle? You may want to consider factors
such as the cost of replacing your income, paying for adequate rehabilitation,
private treatment
or the cost of modifying your home.
£
Cover
you already have
How much life cover do
you currently have, if any? You may want to check to see if you already
have life cover through your mortgage, through your employer or through
alternative sources such as your endowment plan, and enter them here.
£
If you currently have
any critical illness cover plans, including those linked to a mortgage,
please enter in the total sum assured you are covered for.
£
Recommended
Cover
Based on the information
you have entered the amount of new Life Cover you may currently wish to
consider is:
£
The amount of new Critical
Illness Cover you may currently wish to consider is:
£
Find Out How Much The Cover Will Cost. Get
a
Life Cover & Critical Illness Quote
This calculator helps you consider the
costs you may need to cover. Please remember that the suggested answers
may not be appropriate to your own circumstances. The level of cover an
insurer can offer is also subject to their age, medical, and minimum or
maximum cover requirements at that time. You are responsible for the
accuracy of the amounts you enter and therefore the total calculated.
Do not assume that the cheapest policy is
the one most appropriate to your needs. If you are unsure of the amount of
cover or type of policy you require you should
complete an
advice request
to arrange a no obligation review of your needs.
