How to use this calculator
- Enter debts to cover, annual income replacement needed, years of replacement, other future obligations, resources available to dependents, existing life cover.
- Choose a display currency, then select Calculate. Results also update after a brief pause while you edit.
- Read the result with the assumptions below. Export details or save a second scenario to compare your choices.
Formula and method
Assumptions and limitations
Survivor benefits, inflation, investment returns, underwriting and policy exclusions require separate review.
Worked example
With debts to cover = 100000, annual income replacement needed = 30000, years of replacement = 10, other future obligations = 50000, resources available to dependents = 80000, existing life cover = 100000, additional modeled coverage need is approximately 270000.
What the result means
This is an undiscounted needs worksheet, not an insurance recommendation or eligibility assessment.
Common questions
How should I interpret additional modeled coverage need?
This is an undiscounted needs worksheet, not an insurance recommendation or eligibility assessment.
What should I check before using this result?
Survivor benefits, inflation, investment returns, underwriting and policy exclusions require separate review.
Methodology and transparency
Calculation specification reviewed on 2026-10-14. Mathematical implementation is tested against independent reference fixtures. This does not imply review by a licensed financial professional. Read the testing and precision policy.