About you
Your basics
These details feed every area below, so you only enter them once. All fields are required.
Helps determine the products and premiums available to you.
Children, a partner or family who rely on your income.
Your total yearly earnings before tax, including bonuses.
What your family typically spends each month on essentials.
Choose a cover area
Lump sum for your family if you die
Life cover
Life insurance
Current state
What you have now
Any life cover you already hold personally or through your employer.
Current savings, ISAs or investments that could reduce the cover needed.
Future state
What your family would need
How life cover is usually calculated
Most advisers size life cover using an income replacement approach: you decide how much of your income your family would need each year, and for how many years, so the pay-out replaces the money you would otherwise have earned. That figure is then added to what's needed to clear the mortgage and debts and cover immediate costs, then reduced by any savings and cover you already hold.
How much of your mortgage you'd like cleared so your family could stay in the home.
Personal loans, car finance, credit cards or overdrafts you'd like paid off.
A cash cushion for unexpected bills — commonly 3 to 6 months of outgoings.
An estimate of funeral costs and short-term immediate expenses.
A lump sum per dependent towards school, college or university costs.
An amount you'd like to leave as a gift or inheritance to your family.
The gap
Your cover shortfall
Your cover matches your estimated need
Your current cover of £0 matches your estimated recommendation of £0.
Income replacement £0 · Debts & mortgage £0 · Immediate costs £0 · Future goals £0
Recommended cover
TAVISTOCK£0
of life cover to protect your family's lifestyle and commitments.