Life Insurance Calculator | Holborn Assets

Life Insurance Calculator

Use our life insurance calculator to estimate your life insurance costs and the amount of cover you may need.

How much life insurance cover do you need?

Planning for the unexpected helps protect the people you care about most. Our life insurance calculator helps you estimate how much coverage you might need to support your loved ones financially.

Just answer a few quick questions to find the right type of life insurance policy for you, find out how much cover you might need, and see if you could benefit from Critical Illness Cover too.

Life Insurance Needs

£

Total mortgage remaining

£

Loans, credit cards, etc.

£

Estimated funeral expenses

£

Amount to leave to dependents (upon death)

£

Any existing life cover or savings

Critical Illness Needs

Include Critical Illness Cover?

CI Cover pays out a lump sum if you are diagnosed with a serious illness, helping replace lost income and cover medical expenses.

Life Cover Required
£303,000.00
Total Life Coverage Needed
£323,000.00
Life remaining: £303,000.00
Existing Life Cover
£20,000.00
Life Coverage Progress
6%
£20,000.00 covered
Coverage Breakdown

This is an estimate only and doesn't include taxes, fees, or inflation. It is not financial advice.

Important Information

This calculator provides a general estimate of your life insurance needs based on the information you enter. Information provided does not constitute financial advice and should not be the sole basis for your decision-making.

Actual insurance needs may vary depending on your unique circumstances, including changes in income, expenses, health and inflation.

Life insurance policies may be liable for Inheritance Tax (IHT) and other taxes unless they are written into a trust.

Before taking out a policy, it is essential that you read and understand the terms and conditions of the policy. We recommend speaking with a qualified financial adviser for personalised advice.

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