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Wondering how much life insurance and critical illness cover you really need?
Use this simple calculator to estimate the coverage required to protect your family's financial future and replace lost income in case of unexpected events
I'm years old, my monthly income is AED , and I want to retire at
I have liabilities of AED , existing life insurance of AED , and existing critical illness insurance of AED
You have years until retirement.
The objective is to replace the potential income you could earn until retirement in the unfortunate event of death and to replace your income for 3 years if you are diagnosed with a critical illness.
Here is how the numbers look:
Life Insurance Cover: AED to ensure your family has enough to replace your income and pay off liabilities.
Critical Illness Cover: AED to replace your income for 3 years if you are unable to work due to a critical illness.
Disclaimer: This calculator provides general estimates and does not account for inflation, potential increases in your income, or changes in financial obligations over time. Insurance needs can evolve, so it's important to review your coverage regularly and consult a financial professional to address your specific circumstances and goals.
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