This spreadsheet is a term insurance calculator designed to help you determine the right amount of cover you need. It takes into account your current age, desired protection period, monthly expenses, outstanding loans, and inflation to recommend an exact cover value. It's a useful tool for anyone planning their financial security and looking to make informed decisions about life insurance.
How much term insurance cover should you have? A thumb rule says 20 times of your annual income. While this can be a guiding factor, it might not simply work for everyone. Don't worry. We have made it easy for you. Simply provide us with a few other details and our term insurance calculator will calculate it for you. #xlsx