Insurance Estimator

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.

Important Notes
  • This form may take you 3 minutes to fill in.
  • Please read the Disclaimer before proceeding further.

  • All fields marked with are mandatory.
e.g. 1234
e.g. 1234
e.g. 1234
e.g. 1234
e.g. 1234
e.g. 1234
$
e.g. 1234
e.g. 1234
e.g. 1234
e.g. 1234
e.g. 1234
e.g. 1234
$
$
e.g. 1234
e.g. 10
e.g. 9.12
e.g. 9.12
$
Tuition fee pa (today's dollar)
Child 1
e.g. 1234
Child 2
e.g. 1234
Child 3
e.g. 1234
Child 4
e.g. 1234
Child 5
e.g. 1234
Course duration (years)
Child 1
e.g. 10
Child 2
e.g. 10
Child 3
e.g. 10
Child 4
e.g. 10
Child 5
e.g. 10
Total fee
Child 1
Child 2
Child 3
Child 4
Child 5
No of years to start of university
Child 1
e.g. 10
Child 2
e.g. 10
Child 3
e.g. 10
Child 4
e.g. 10
Child 5
e.g. 10
Education inflation rate
Child 1
e.g. 9.12
Child 2
e.g. 9.12
Child 3
e.g. 9.12
Child 4
e.g. 9.12
Child 5
e.g. 9.12
Total fees in today's dollars
$

(Click here to get your latest CPF savings)

e.g. 1234
e.g. 1234
e.g. 1234
e.g. 1234
e.g. 1234
e.g. 1234
$

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.

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.

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
%
%
$
Tuition fee pa (today's dollar)
Child 1
$
Child 2
$
Child 3
$
Child 4
$
Child 5
$
Course duration (years)
Child 1
Child 2
Child 3
Child 4
Child 5
Total fee
Child 1
Child 2
Child 3
Child 4
Child 5
No of years to start of university
Child 1
Child 2
Child 3
Child 4
Child 5
Education inflation rate
Child 1
%
Child 2
%
Child 3
%
Child 4
%
Child 5
%
Total fees in today's dollars
$

(Click here to get your latest CPF savings)

$
$
$
$
$
$
$

Results

Coverage Required  
$

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.