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Life insurance coverage calculator

Work out roughly how much life insurance coverage you may need to protect your family based on income, debts and dependents. This gives you a starting point before speaking with an advisor.

Suggested coverage amount
C$ 945,000 - 1,210,000

This is a common rule-of-thumb range for coverage; an advisor can refine it based on your full financial picture.

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Local price context: based on 17 price points from reviews and provider websites in this service category. Recorded prices span jobs of very different sizes, so compare quotes for your exact project.

This is a general guideline, not financial advice; a licensed life insurance advisor can tailor coverage to your situation.

Compare actual quotes for this project

Your calculator details and the estimate are included with your request, so agencies can quote your actual situation. Just add your location, timing, and contact information.

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By sending this enquiry you agree that we share it with providers relevant to your request.

Your enquiry may be shared with partner providers to carry out the work, and we may receive a referral fee. Our rankings and scores are based solely on our published scoring method and are not affected by referral fees.

Get quotes from top-rated insurance agency

Ranked by our published rubric from recent Google reviews, weighted by relevance to this service (the same order as the category page).

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    5.0(73) 87
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Last updated 2026-07-24