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Lets calculate the Coverage you need
Duration: About 2 min.
What is your immediate cash needs?
Enter Amount
Final expenses
(Burial $5,000-$50,000)
$
Mortgage
(Outstanding loan balance on all properties)
$
Other loans
(to pay off loans, LOC, credit cards, etc.)
$
Emergency funds
(3-6 months of pay)
$
Children’s education fund
($10,000-$30,000 per year, per child plis living expense for those years)
$
How much income replacement is needed?
Enter Amount
Monthly income required to take care of your family
$
Number of years this income will be required?
Do you have assets ?
Enter Amount
Savings
(savings and investment accounts, TFSAs, RRSP etc.)
$
Other assets
(property, business, vehicles, jewellery etc.)
$
Existing life insurance
(including group plans, individual policies)
$
Suggested Coverage
Total liability and cash needs
$
0.00
Amount of income needed by your survivors
$
0.00
Total assets
$
0.00
Total life insurance required to meet your cash and income needs
$
0.00
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