How much cover do I need?

Work out how much life cover you may need in a few simple steps.

Step 1 of 5

Do you want to leave any money to cover monthly expenses?

£

Step 2 of 5

Do you have a mortgage you'd like cover for?

£

Step 3 of 5

Do you have any other outstanding debts you'd want to pay off?

£

Step 4 of 5

Do you want to leave your family a cash lump sum?

£

Step 5 of 5

Do you have any existing savings or life insurance policies?

£
£

These amounts will be subtracted from your estimated cover amount.


Here's a summary of the life insurance cover you may need

£

to cover your monthly expenses

+

£

to cover your mortgage and other debts

+

£

lump sum payout for your family

-

£

saving and life insurance you already have

=

£replace me

the total life insurance cover you may need - you'll need this when you apply.

Please note: My Life Insurance only offers cover up to £500,000

Based on the information you have provided, you may already have sufficient arrangements in place to cover your life insurance needs. If your circumstances change, you can recalculate how much cover you may need at any time.

If you’d still like to purchase life insurance:

Ready to get your personalised quote and apply?

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