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Life Cover Needed

Two industry-standard approaches. Pick the one that matches how your family would use the payout.

Inputs

Cash needs (final expenses + emergency)

HK$

Debts & mortgage payoff

HK$

Future needs (education, dependant income)

HK$

Existing assets

HK$

Existing life insurance

HK$

How this is calculated

Needs Approach: Shortfall = (Cash + Debts + Future Needs) − Existing Assets − Existing Cover.

Capital Retention: Capital Required = Annual Income ÷ Interest Rate. Shortfall = Capital Required − Existing Assets − Existing Cover.

Estimate

New life cover needed

HK$2,500,000

For information only. Not advice, recommendation, or solicitation. Data has not been independently verified — always verify directly with the authorised intermediary or fund provider before making decisions.