Quick guides

This tool will help you assess your current lifestyle and spending habits to help give you a rough indication of the amount of life insurance cover you may need to take out to help ensure that your family could manage in the event of your death - not a nice thought we know, but something that's definitely worth planning for.

Life Insurance can provide a one off lump sum of money to whoever you choose if you die during the plan term or are diagnosed as suffering from a terminal illness before the last 18 months of the plan and your life expectancy is less than 12 months.

You decide how long you want the cover to last for and how much money you want to leave. Whoever receives the money, whether it's your family or someone else, they can spend it on whatever they choose. Bear in mind that Life Insurance has no cash-in value at any time.

The figures given represent the lump sum your dependants could need. This does not take into account the effects of inflation, or any allowances for potential returns or losses made if the lump sum is invested. Remember, this is only a rough guide as to how much cover you might need.