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Insurance calculators

Coverage-sizing maths for life, income protection, property and business insurance: how much cover you need, and what underinsurance costs at claim time.

Rebuild cost sum insuredWhat it would cost to rebuild a home from scratch, including demolition, professional fees and cost rises during the build, rather than what it would sell for.Coinsurance penaltyHow much a claim is cut when the sum insured falls short of the coinsurance requirement, and the sum insured that would avoid any reduction.Income protection coverThe monthly benefit an income protection policy would pay, set against essential expenses, with the savings needed to bridge the waiting period.Business interruption coverThe sum insured a business interruption policy needs, from gross profit, the indemnity period and an allowance for growth while the claim runs.Life Insurance Needs (DIME Method)Rough coverage estimate from debts, income replacement, mortgage and education costs.Premium Per $1,000 of CoverageAnnual premium rate per $1,000 of coverage, for comparing quotes of different sizes.Deductible vs Premium Break-EvenYears of premium savings needed to offset paying a higher deductible once.Umbrella Policy Coverage GapGap between a target liability protection level and existing auto and home liability limits.Human Life Value MethodPresent value of future net income, an actuarial approach to sizing life insurance.

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