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Life Insurance Calculator
Not sure how much Life Insurance you require to properly protect your family? No problem. Complete the following form to instantly obtain an estimate of your insurance needs and then decide if you want a Term Life Ontario agent to contact you.
Time required: Approximately 2 minutes.
Your Current Age
Enter your current age in years. If you are over 70 years of age, please contact us directly.
Child Education Needs
How many children do you have that do, or will, depend on you financially for their education? ($50,000 per child)
INCOME & EXPENSES
Gross Yearly Income
Enter your yearly income, before taxes (including pensions and/or disability amounts).
Survivor Income Needs
Select the number of years your survivor will require your income for upon your death.
Current Mortgage Balance
If you hold mortgage(s), please enter the current balance. Enter 0 if you do not have a mortgage balance.
If you rent your residence, please indicate the amount you pay per month. Leave as 0 if you do not pay rent.
Include car and bank loans or additional education funding and any other debt balance owing as of today.
Savings and Cash
List total amount of your savings and cash.
Stocks, bonds, GICs, RRSPs and others.
Other Life Insurance
List the value of existing life insurance policies (personal or group)
List the value of all other physical major assets (boats, planes, vehicles, etc)
Estimated Life Insurance
The following is an estimate of the life insurance you will require to protect your family in your absence.
The next step ...
Now that you have a good idea of the amount of life insurance you require, would you like to submit this form to us for an agent to contact you?
No thank you.
Best Time to Call
When is the best time to get hold of you?
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