How much life and disability cover do I need?

Use this calculator to get an idea of how much life and disability cover you need. The calculator can give you an idea of whether you are under- or over-insured. However for an accurate answer to how much you need, a qualified financial adviser is best placed to help you.

Also remember that this calculator works on the assumption that you are saving enough to provide for your retirement and that you won't need disability cover or to provide for a dependant, such as a spouse, after you retire as their needs will be covered by your or their retirement savings.

Date of birth

At what age do you want to retire

What is your annual income (after tax)

Do you have a spouse:

YesNo

The amount of life and disability cover you need is affected by how many dependant children you have or adults for whom you are financially responsible - an elderly parent or a disabled child or sibling. Add each dependant and fill in the relevant details below.

The amount of life cover you need is also affected by how my debt you have. Your debt may be covered by credit life insurance you were obliged to put in place when you took on debt. Check the terms of these policies to see if your debt is covered.

Current outstanding debt