LifeOne Insurance Calculator

Calculate your cover amount

Use this calculator as a guide,but remember it's not personalised financial advice.You can always adjust the cover amount to suit your budget later.

Monthly Expenses

    Eg:
  • Monthly rent/mortgage
  • Bills-eg:power,phone
  • Transport
  • Groceries
  • Etc
Think about things like rent or mortgage, groceries, rates, clothing, transport, power, phone, education, medical and dental costs, childcare...
$
How many years will you need to cover every day expenses for your family?

One-off Expenses

    Eg:
  • Funeral costs
  • Payoff credit cards
How much would your family need for immediate expenses such as funeral costs and credit card bills?
$

Longer term needs

    Eg:
  • Putting kids through university
  • Paying off the mortgage
  • Paying off other loans
  • Maybe buying a new car?
For the long term, how much would your family need to put your children through university or pay off the mortgage, or perhaps buy a new car?
$

Savings

    Eg:
  • Cash (i.e.:savings)
  • Assets that could be easily sold immediately
How much cash could your family expect if you die? Include easily cashable things like savings, term deposits, investments and other insurance policies.
$

Your cover needed:

$