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More ThanJust Money

Harika van der Merwe

Life cover needs

A rough sense of the gap between what your household would need and what is already covered.

Often until the youngest child is independent.

Exclude the home you live in.

Your result

Indicative total need
R 6 250 000
Already covered
R 1 200 000
Indicative gap
R 5 050 000
What this assumes
  • Income replacement is counted in today's money and not adjusted for inflation or investment growth.
  • Ignores tax, estate duty, executor fees and any employer benefits.
  • A real needs analysis is considerably more detailed than this.

This tool gives an indicative estimate based only on the figures and assumptions you entered. It is general information for educational purposes, not financial advice and not a recommendation to buy any financial product.

No product is recommended or implied here. Whether anything is suitable for you depends on your circumstances and needs a full advice process.

What this number does not know

It has not seen your tax position, your existing policies, your employer benefits or anything about your health. Those change the answer materially. If the figure surprised you, that is worth a conversation.

Only what you typed above is sent. Your check answers are not included, only the overall band, and only if you did the check.

Take the wider financial health check