Canadian life insurance

Canadian Life Insurance Rates

Canadian life insurance


Life Insurance Calculator

1. What is your annual income?
2. For how many years do you want to protect it?
3. Against what annual inflation factor do you want to protect?
4. At what annual interest rate can the proceeds be invested?
5. face amount:
$

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  • How much do you need?

    Some planners use five to ten times your annual income as a quick rule of thumb. The real answer is you need a lump sum that will provide revenue to replace your income for as long as your dependents need it.

    This calculator figures the lump sum which can be invested to replace your income, using your estimates for investment return and inflation.