How much Life Insurance do you need

How much Life Insurance do you need?

Estimate how much life insurance cover you may need.

How much debt do you have?

Include your mortgage, personal loans, credit cards, car loans, and any other debts you would want paid off if you passed away. This amount is typically cleared first so your family isn’t left with repayments.

How much do you earn per year?

Enter your annual income before tax. This helps estimate how much income your family may need replaced if you were no longer around.

How many years would you want your income to continue if you passed away?

Think about how long your family would need financial support. For example, until kids finish school, the mortgage is paid off, or your partner returns to work.

How much would you need to cover other costs?

Include one-off expenses like funeral costs, childcare, education, medical costs, or giving your family extra breathing room. This is optional but often overlooked.

Total value of assets or spare money you have

Include savings, investments, KiwiSaver (if accessible), or other funds your family could use. This amount is deducted from the cover needed since it already exists.

Based on the information provided, you may need $ 100000 of life cover.

Click here to get advice on your cover, or click here to get an instant quote.

Thank you! Your submission has been received!

Oops! Something went wrong while submitting the form.

Understand the Basics

Step One

Insurance Basics

Learn what insurance is and how it works.

Learn the basics

Step Two

Real Life Setups

What does “normal” cover look like? See real life examples for a variety of different stages and ages.

See examples

Step Three

Check Your Options

Once you understand the fundamentals, answer a few questions and get a quote.

Get a free quote

Disclaimer: This calculator provides a general estimate to help you think about how much life cover you may need. It is based only on the information you enter and uses simplified assumptions, including an assumed inflation rate. It does not consider your full financial situation, existing insurance, policy features, tax implications, or insurer criteria. This is not financial advice or a personal recommendation. The results are indicative only and do not represent a quote, offer, or guarantee of cover. For advice tailored to your situation, please speak with an adviser.