Family Protection Calculator
Family protection calculator — estimate life insurance need to protect your spouse and children, free.
Private — runs in your browser, nothing uploadedTry: Annual income=90000, Income multiple=12, Mortgage balance=300000, Other debt=15000, Education reserve=150000, Existing assets=40000, Existing life insurance=50000 → $1,080,000, $300,000, $15,000, $150,000, -$40,000, -$50,000, $1,455,000
How to use
This preset models a family with a mortgage, young children and some existing savings. Adjust any field above to match your own situation.
FAQ
What does family protection cover?
Typically income replacement for the earning years, paying off the mortgage, and funding children's education.
Should both spouses be insured?
Often yes — even a non-working spouse's care value matters. Enter each person's numbers separately.