Others Calculators

Term Insurance Optimiser

Calculator #25 (Life Insurance Need) tells you how much cover you need today. This optimiser goes further: it models how your insurance need evolves over time as liabilities reduce and corpus grows, and answers three questions that no standard calculator addresses:

• Question 1 — How much cover do I actually need, and does it change over 20 years?
• Question 2 — Should I buy one large policy or stagger multiple policies of decreasing tenure?
• Question 3 — What is the premium cost of various structuring strategies, and which minimises lifetime premium outflow while maintaining adequate cover?