A life insurance calculator is a tool which estimates the funds which you would require in the event of your death, in order to repay your borrowings and other debts, to pay for funeral costs and other final expenses, and to provide for the financial upkeep of your dependants.
Even though it should be used as a guide only, the KiwiCover life insurance calculator is a more advanced calculator than those which are commonly found elsewhere. It employs proprietary modelling techniques to calculate the amount of life insurance cover you ought to have, based on your details and other variables drawn from real-life situations.
This website does not provide personalised advice, and it takes no account of your personal insurance needs or circumstances. In particular, the information in this website is not personalised financial advice for the purposes of the Financial Advisers Act 2008 and should not be relied upon in making a decision about insurance. If you are unable to (or do not wish to) determine your cover requirements on your own, then read our section about obtaining advice.