Life Insurance Calculator
Calculate how much life insurance cover you need to protect your family's financial future. Account for debts, income replacement, and future goals.
Your Financial Details
1 Income & Support
$
2 Debts to Pay Off
$
$
$
$
3 Future Expenses
$
Private school + uni: ~$150k per child
$
$
Average funeral: $10,000-$20,000
4 Existing Coverage & Assets
$
$
Your Life Insurance Needs
Total Cover Needed
$1,725,000
Existing Coverage
$150,000
Insurance Gap
$1,575,000
Est. Monthly Premium
Coverage Breakdown
Coverage Visualization
Indicative Premium Guide (2025)
Based on $1 million term life insurance cover, non-smoker:
| Age | Male Monthly | Female Monthly | Annual Cost |
|---|---|---|---|
| 30 | $45-$65 | $35-$55 | $420-$780 |
| 40 | $75-$110 | $55-$85 | $660-$1,320 |
| 50 | $180-$280 | $110-$170 | $1,320-$3,360 |
| 60 | $450-$700 | $280-$420 | $3,360-$8,400 |
Premiums vary by insurer, health status, occupation, and policy type. Get quotes from multiple providers.