Term Insurance Calculator
A starting estimate based on your income, age, loans and dependents — refine it with an advisor afterward.
This calculator uses the human-life-value method: an age-based multiple of your annual income, plus outstanding loans and a buffer for dependents' future goals, minus cover you already have.
It's a starting point, not a final answer. Your real number should also account for your specific goals — children's education costs, a spouse's own income, or a parent's ongoing medical needs.
Want a fully personalised recommendation instead of a quick estimate? Let us analyse your insurance needs — it covers your whole situation, not just term cover.
Frequently asked questions
Younger buyers generally need a higher income multiple, since their income would need to be replaced for more remaining working years — the multiplier decreases as you get closer to a typical retirement age.
This calculator estimates cover for your own income only. If both spouses earn, it's worth running the calculation separately for each of you based on your individual incomes and shared liabilities.
Want a human to sanity-check this number?
Tools give you a starting estimate. Send us your result on WhatsApp and we'll refine it around your real budget and goals.