Term Life Calculator

We’ve provided you with an easy to use calculator that can help you determine what sort of insurance coverage you would need. Simply fill out the appropriate fields and you’ll have a good estimate of your financial needs and obligations.

Your Life Insurance Needs

Total liability and cash needs


Amount of income needed by your survivors


Total life insurance required to meet your cash and income needs


Total assets


Total life insurance required to meet your cash and income needs


Immediate Cash Needs

(include lawyer fees and any final taxes owing at death)

(deduct any existing creditor life insurance on that mortgage)

(credit cards, lines of credit, bills)

(as an estimate use $10,000 to $15,000 a year per child, less any current education savings)

(funds need to cover any unplanned events)

Ongoing Income Needs

(as an estimate use 60% to 70% of your current annual income)

(as an estimate you can use the number of years until your children become independent or the number of years to retirement)

Current Assets

(include personal insurance as well as group insurance under an employee plan)


We appreciate our customers’ feedback! Here’s what our clients are saying about us.

Knowledge CENTRE

Learn more about Term Life Insurance and see how a policy can work for you with these helpful tools and resources.

Hidden Field


Helpful tips for purchasing, reviewing, and living with a term life insurance plan.

Hidden Field


We address some of the most common questions about life insurance.

Hidden Field


Calculate how much term life insurance you need.