A common way to estimate cover: clear the debts, replace income while the family needs it, fund education and final expenses, then subtract what you already have. Every line is shown so you can see exactly how the numbers are built.
The Risk Lab provides general advice only. Nothing on this page constitutes personal financial advice — it does not consider your objectives, financial situation or needs. Consider the relevant Product Disclosure Statement and Target Market Determination before making decisions about insurance. The chat assistant is an AI; conversations are recorded to improve the service and may be reviewed by the adviser. Calculator results are rule-of-thumb estimates only.