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  How much life cover do I need?

This guide will help you to calculate how much life assurance you may need. If you are unsure about anything, please contact us to discuss your individual circumstances.

Amount of money you want to leave to your dependants
(Some experts recommend a multiple of ten times salary, although the actual amount you need depends on your personal situation)

 £
Amount of your 'Interest only Mortgage', if its not already covered by life insurance

 £
Amount of any other outstanding loans not already covered by life insurance


 £
Cost of funeral expenses.
(Funerals today can cost at least £2,500)

 £
Education costs for your children, if you want to allow an extra amount to cover school/university fees

 £
Anything else you want to leave money for in the future


 £
Less the amount of life assurance you've already got, apart from mortgage cover

 £


Total amount of life insurance required:       £

Find out how much this amount of cover will cost by getting a free online quote.

These calculations are only a guide as to how much cover might be appropriate for your needs and they do not represent any form of financial advice. A full personal financial review is available if you require. Please call us on 01202 46 72 72 and ask for an appointment with one of our Independant Financial Advisers.