This calculator helps to estimate the amount of life insurance cover that might be needed by a person to provide financially for his dependents in the event of his death. The insurance payout can be used to settle debts, provide income for dependents and provide funds for children's education. Do note that the projected figure is only an estimate for death cover. You should talk to your financial advisor to ensure sufficient cover for areas like health and disability.Please key your inputs into the five sections. You can click on each section heading to expand and collapse the section.
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Users are advised to discuss with their financial advisers on the appropriate amount and type of life insurance coverage suitable for their specific situation. They are also advised to review their plan periodically to ensure that it remains relevant to their insurance needs.