Evaluate your financial needs

Establish the cost of life insurance required in order to protect your family in three simple steps:

Step 1: Establish your expenses and debts to cover in order to protect your family
Step 2: Add the amount required to support your family
Step 3: Subtract the current assets
Results: Obtain the amount life insurance required to cover your family

Needs Analysis

Step 1 of 4 - Expenses and debts

25%

Mortgage :
The amount required to pay your full mortgage (Otherwise type 0)
Other loans
The amount required to pay all other debts (car loans, credit card, line of credit, etc...) (Otherwise type 0)
Funeral costs:
The amount required to pay your last expenses. Includes burial or cremation, legal fees, etc. Plan between 7 000 $ et 25 000 $. The average Canadian funeral cost is 10 000$ (Otherwise type 0)
Contingency Fund:
The amount that your family will need as a contingency. We recommend an amount equal to three months' salary. (Otherwise type 0)
Education savings :
The amount required to provide post-secondary education for your children. You can put up to 10 000$ per child per year or 40 000$ per child. (Otherwise type 0)
Other expenses to cover:
(Otherwise type 0)
Total of expenses and debts:

Annual amount for your family:
The yearly amount that you currently provide to your family and that they will need to maintain their lifestyle. Consider using between 60 and 70% of your yearly net annual income. (Otherwise type 0)
Number of years to support your family:
Number of years that your family will need this yearly amount. Consider the number of years left until your children leave home. We recommend a minimum five years. (Otherwise type 0)
Total income required:

Financial assets:
Cash in case of death including cash, RRSP, TFSA, etc. (Otherwise type 0)
Personal property:
The total value of your personal property to sell in case of death: main home, lodge, vehicles, etc. (Otherwise type 0)
Non financial assets:
The total amount of commercial properties to sell in case of death: businesses, real estate, etc. (Otherwise type 0)
Total life insurance
Your current life insurance to keep: personal, the employer's, mortgage insurance. (Otherwise type 0)
Current assets:

Total expenses:
+ Total income required:
= Amount required:
- Total of assets available :
= Cost of life insurance needed to protect your family
Your email*

You will receive by email complete details of your financial needs analysis. You will be able to print the results. This is 100% free.

If you need help, feel free to contact is via chat or by phone. Call us, toll free, at 1 866 370-7677.

Once you have established the cost of your life insurance needs, take the time to make a quote request, online or by phone.

SoumissionAssuranceVie.ca

Demande d'information

Type

d'assurance

Choose your insurance type

Upon submission, the communication will be secured by Entrust.

To Ascertain For What Amount?

Ascertain your life insurance needs height=

Determine how much life insurance you need to protect your family.

Determine your life insurance needs

Search on this website

Feel free to contact us by phone at 1–866–370–7677
or by sending us an email to contact@soumissionassurancevie.ca.
We'll gladly answer any questions you may have.

Membre de la Chambre Sécurité Financière

Who are we?

Whole life

Term insurance

Mortgage insurance

No medical exam

Critical illness

Inheritance

Disability insurance