Term Insurance Calculator: How Much Life Cover Do I Need?

Work out how much life insurance your family would need to keep living as now, clear your loans and reach their goals if you were not there.

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How to use the life insurance cover calculator

  1. Type your numbers in the boxes (pick your currency or units if asked).
  2. The answer updates as you type: no button to press.
  3. Copy the result, or share it on WhatsApp with one tap.

Questions

Which is better: term or endowment?

For cover, a term plan: it gives the most cover for the lowest premium. Compare them with our Term vs Endowment tool.

Can this tell me my exact premium?

No. Every insurer prices with its own tables, so get quotes for that. These tools tell you how much cover you need and what to expect from a policy.

Is my data private?

Yes. Everything happens inside your own browser: nothing you type or choose is uploaded to us or anyone else.

Is it free?

Completely free, with no sign-up, no watermark and no limit on how many times you use it. Light ads keep the site running.