Do you have debts? Do you have family who depend on you?
If you answer YES to these questions – you need life insurance.
“How much do I need?” you ask.
There are a number of methods that can be used, some are more accurate than others.
If you want to use a calculator, a very good calculator is on the Lifewise website – www.lifewise.org.au .You need to consider the following areas:
- Debt – clear 100%
- Income Replacement – what lump sum is needed to invest to replace your income, so that your family can continue with their current standard of living.
- Funeral expenses.
If you need help working this out, or to get a life insurance quote give us a call on 1300 528 121.
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| Get an Instant Quote | Call 1300 528 121 | insure@iqrus.com.au |
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