Francais
Questions?
Call 1-877-722-9441
8:30am - 5:30pm EST
Monday through Friday

Term Life Insurance Calculator

Even if you already have insurance coverage, things change. This calculator can help you determine whether you need to top up your existing life insurance coverage.

This is an example only, and may not be applicable in every circumstance. For a complete needs analysis, please contact a professional financial advisor.
INSURANCE CALCULATOR
When entering the amounts below please do not enter commas or decimals in numeric fields.
Your Needs
1. 3 - 8 times your annual household family income
2. Any extraordinary expenses (tuition, dependant care, etc.)
3. Household mortgage, and outstanding loans
4. Emergency funds (3 to 6 months of living expenses)
5. Funeral cost and final expenses ($10-35,000 typically)
Your Liquid Assets
6. Savings
7. Stocks, bonds
8. Existing life insurance
9. Other Liquid assets
™Canada Life and design are trademarks of The Canada Life Assurance Company.
™The trademarks of Canadian Tire Corporation, Limited are under licence.