NZLife. needs calculator - Life or Accidental

Needs Calculators

Life and/or Accident
Critical Illness
Permanent Disablement
Income Protection

This calculates how much life and/or accidental insurance you may need to safeguard your family's future.
Fill in the fields indicated with the arrow and click on Enter -.

The example column is based on a working parent of a family of 4 and is only a guide.

Possible Expenses on death		Example
Funeral Costs (suggest min $6000)	$	$6000
Overdraft, Personal loans, Credit cards, Store cards, HP	$	$3000
Outstanding Tax, GST.	$	$5000
Total Mortgages to pay	$	$220000
Other (including childrens education, weddings etc)	$	$30000
Total expenses	$	$264000

Future Family Income
How much does your family need from you to live on each year (After above costs paid - eg. For food, utilities, rates and misc expenses)	$	$30000
How many years does your family need financial support		5
Total future family income	$	$150000

Realisable Assets
Cash, Savings, Investments	$	$2000
Sale of vehicle, business etc	$	$5000
Existing Life Insurance (Do not enter if this is to replaced by this application)	$	$0
Total realisable assests	$	$7000

Total Life or Accidentl Insurance cover suggested	$	$407000

Note:

The maximum Life Insurance cover available through NZLife.site is $1,000,000 and the maximum Accidental Insurance cover is $500,000.

If you need more cover obtain a quote through www.adviser.co.nz or contact us.

Disclaimer:

This calculator is designed to estimate what lump sum amount your family may need on your death.

Availability of insurance cover is subject to acceptance and approval of a completed application.

This calculator does not constitute an offer of insurance.

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