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How much protection does a family need? That's a difficult question because it depends on so many factors that can't be predicted - like how long you will live. A simple approach is to plan for the worst case (e.g immediate death) and decide how much money surviving family or loved ones will need to handle such matters as...
- How much debt do you owe? (e.g. Mortgages, Credit Cards, Personal Loans)
- Would you like to provide an ongoing income for your family in the event of your death?
- Would you like to pay for your childrens education?
- What medical costs would you have to pay?
- How much could a funeral cost you?
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We have developed our own quick online calculator to assist you with determining an idea of how much cover is suitable to your situation*
*Our calculator is not intended to replace a full needs analysis process |
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