How Much Life Insurance Do You Need? Current Debts Amount required to pay your mortgage including penalties and legal fees $ Amount required to pay off your personal debts for example, credit cards, personal and car loans, tuition, etc. $ Emergency reserve fund for example, funding for extraordinary medical expenses $ Final expenses for example, income taxes, probate fees, legal and accounting fees and funeral costs $ Total Debt: $ Children’s Education Requirements Number of Child(ren): Cost per Year per child: $ Years required: Total education requirements $ Income replacement required for surviving spouse and children Annual income required by surviving spouse and children $ Number of years over which income continuation will be required yrs. Anticipated rate of return in a conservative investment % Assumed Inflation Rate % Real rate of return (anticipated rate of return - assumed inflation rate) % Total Provision for Income Funding $ TOTAL LIABILITIES $ Assets Liquid Assets for example, RRSP and non RSP investments $ Existing life insurance $ TOTAL ASSETS $ Additional life insurance coverage need estimate: YOU NEED ADDITIONAL LIFE INSURANCE IN THE AMOUNT OF: $ Disclaimer: Calculators are for illustration purposes only and discussion with an advisor is recommended Apply now online Name * Cell # Email * Date of birth (Month, Date, Year) Let us know the best time to call and one of our representatives will get back to you in 24 hours * Please type the two words below If you are human, leave this field blank.
