How much life insurance does my family need?

The answer depends on the income your household would need, outstanding liabilities and the resources already available.

What to consider

A simple starting point is the number of years of family income support you want to provide, plus debts and future costs such as education, minus available assets and applicable existing cover.

Before you proceed

Avoid counting the same mortgage expense twice. The calculator offers an educational estimate and should not be treated as a personalised recommendation.

Think about the period as well as the amount

A parent supporting young children may want a different protection period from someone whose mortgage is nearly repaid. Consider how long your family might need income support and whether future obligations reduce over time.

Estimate the gap rather than relying on a fixed multiple of salary. Include financial commitments, then account for savings and existing policies that could actually be used for the same purpose. Check that any mortgage is not counted twice.

Explore the life cover needs calculator →

General educational information, not an insurance offer or personal recommendation. Eligibility, benefits and exclusions depend on the specific insurer and policy.