Close Icon

To help us ask you relevant questions, please select the option which best reflects your current lifestyle:

Single: I'm single with no dependents.

Couple: I'm married or in a long-term relationship without any dependents.

Family: I'm married or in a long-term relationship with children. I feel responsible for the lifestyle and financial well-being of my loved ones.

Single Parent Family: I'm a parent or guardian of children without a partner. I feel responsible for the lifestyle and financial well-being of my loved ones.

Life Cover

Pay off mortgage or continue paying rent

$0

$1,000,000

$

Other loans or debts
i.e. credit cards, personal loans, car loans

$0

$1,000,000

$

Funeral Expenses
Funerals generally cost between $4,000 -$15,000 (Source - MoneySmart website)

$0

$25,000

$

As an inheritance or bequest

$0

$1,000,000

$

Existing Life Cover that would pay out in the event of your death

$0

$1,000,000

$

Savings and Investments that will not continue in the event of your death
i.e. stocks, bonds, savings accounts

$0

$1,000,000

$

Superannuation

$0

$1,000,000

$

Total Estimated Life Cover Amount

$0

Daily living expenses
i.e. groceries, bills, transport

$0

$1,000,000

$

Other loans or debts
Debts including mortgage and credit cards; where renting, consider the cost to purchase a modest home

$0

$1,000,000

$

Home modifications to suit a disability

$0

$1,000,000

$

Additional unforeseen expenses to assist in recovery
i.e. out-of-pocket medical expenses, rehabilitation, carer/housekeeper

$0

$1,000,000

$

Existing Total & Permanent Disability Cover

$0

$1,000,000

$

Savings and investments
i.e. consider emergency savings accounts, stocks, bonds or other assets which produce income or you would sell in an emergency

$0

$1,000,000

$

Total Estimated TPD Cover Amount

$0

Mortgage payments or rent for a year

$0

$1,000,000

$

Other loans or debts for a year
i.e. credit cards, personal loans, car loans

$0

$1,000,000

$

Daily/household expenses for a year
i.e. groceries, bills, transport

$0

$1,000,000

$

Number of years would you like to be covered
(Should you need to take time off for illness / serious injury)

Additional unforeseen expenses to assist in recovery
i.e. out-of-pocket medical expenses, rehabilitation, carer/housekeeper

$0

$1,000,000

$

Existing Trauma Cover

$0

$1,000,000

$

Savings and investments
i.e. consider emergency savings accounts, stocks, bonds or other assets which produce income or you would sell in an emergency

$0

$1,000,000

$

Total Estimated Trauma Cover Amount

$0

Your Summary

Life Cover Amount

$0

TPD Cover Amount

$0

Trauma Cover Amount

$0

The purpose of this calculator is to help you in deciding what amount of cover you may require for the types of Life Insurance cover specified below. This calculator is for general guidance only and does not take into account your personal objectives or financial situation. For this reason, you may wish to seek advice from a professional financial planner. There are many factors to take into account in determining the level of cover you may require for these types of Life Insurance. The calculator only includes some of the common liabilities and assets you may want to take into account. We reasonably believe these are some of the key factors people commonly take into account in determining the level of cover required under such insurance. Not all factors or ones that may be relevant to you are covered. For example, it does not take into account changes in your dependents’ needs (e.g. future increases in debts and expenses). It does not take into account inflation as this is usually a benefit available in particular products. It also does not take into account specific product limits which can be relevant. A product may, for example, limit your level of cover. Accordingly, using this calculator does not mean that you will have covered all relevant factors that you may need to take into account. This calculator is not intended to be relied on for the purposes of making a decision in relation to any specific Life Insurance product and is not intended as a substitute for professional financial advice. Before making any decision on any such product; you should read the relevant Product Disclosure Statement.

BD:Life:Calculator
BD:Life
publisher-prd