Critical Illness Insurance Needs Analysis Calculator
Expense Needs
How much is needed for expenses and healthcare costs?
Mortgage or rent:
Monthly amount
Number of months
Subtotal
Other debt:
Monthly amount
(excluding mortgage)
Number of months
Subtotal
Savings/Investments:
Monthly amount
Number of months
Subtotal
Other living expenses
Monthly amount
Number of months
Subtotal
Home care
Monthly amount
Days per month
Number of months
Subtotal
Nursing home
Monthly amount
Number of months
Subtotal
Non-insured treatment
Medical equipment
Home renovations
Vehicle conversion
Other
Other
Total Expense Needs
Income Needs
How much income needs to be replaced?
Monthly income lost
A
Monthly income sources
B
Net monthly income lost
(A-B)
Number of months
Total Income Need
Available Assets
How much do you have to offset expenses and loss of income?
Savings
Non-registered investments
Existing critical illness insurance
Other
Other
Other
Total Available Assets
Your Critical Illness Insurance Need
How much insurance do you need?
Expense needs
Income needs
Total Expense & Income Needs
Less available assets
Critical Illness Insurance Need *
* A positive amount indicates an income need. A negative amount indicates an income surplus.