How much might it cost to protect my income?
To find out how much it may cost to protect your income, get an estimate.
Important things to know
1. This calculator is not intended to be relied on for the purpose of making a decision in relation to life insurance and you should consider obtaining advice from a financial adviser before making any financial decisions.
2. MBF Life gives no assurance that this calculator is free of errors or suitable for any user's intended purposes.
3. To the extent permitted by law, MBF Life will not be liable for any damages or loss suffered by the user or anyone else from use of this calculator.
Assumptions
1. Sick leave is at full rate of pay.
2. No major assets are sold off to cover expenses
3. Expenses are not reduced during a period of total disability.
4. Transaction costs, brokerage etc not allowed for disposal of liquid assets.
If your actual situation differs from the assumptions made, then the calculations may differ from your actual amounts.