How Much Life Insurance Do You Need? [Calculator Inside]

Life Insurance Calculator

Unsure of how much life insurance coverage you need?
Use our simple calculator below to find out.

How much are you earning a month before paying CPF & taxes? Take your monthly gross salary.



Just an average estimation of how much you spend monthly.



Check your current insurance policies for any coverage for life or death benefit. This includes any term plans, whole life insurance plans, endowment plans, annuities, etc. If unsure, put 0.



It is recommended to have anywhere between 5X to 10X of your annual income depending on factors like your current & future debts, expenses, and how much coverage you can afford, etc.

5x 6x 7x 8x 9x 10x

Many use the income option to play it safe. Use the expense option if you're sure of what you need.

Income
Expenses

Start 2025 right with our financial planning spreadsheet – now at 80% off for a limited time!

FREE beginner Investment course!

Start Investing without fear of losing your money

Get the free investment course for beginners that has helped hundreds of Singaporeans start their journey towards financial freedom.