Life Insurance Calculator

How much Life Insurance do you really need?

Life Insurance Calculator

Life insurance can help you protect the financial future of your loved ones.

But what types of insurance, and how much of each, do you need?

Simply answer a few questions, and we will send a FREE Life Insurance Report.

  1. Shows you your insurance gap for Life, Trauma, Total and Permanent Disability (TPD) and Income Protection.

  2. Gives you Insurance Package options that cover your 'Essential', 'Important' and 'Nice to have' needs.

  3. Explains the types of covers that could be important to you.

Receive Free Personalised Life insurance report:


  • Your Life insurance needs
  • Your insurance options
  • Description of all insurances

Choose what's right for you

Before you begin, please ensure you have sufficient time (approximately 12 minutes) to complete the calculator. You can save your progress at any time and return to it later. You will learn about life insurance as you progress. This small investment of time could change your life.

Rice Warner

The methodology and assumptions used in this calculator have been reviewed and audited by RiceWarner. RiceWarner is a leading independent provider of research and actuarial advice to the Australian Financial Services Industry.

Important Note: The information provided within the calculator is general information only and relies upon the answers you provide. It does not provide a specific recommendation and should not be taken as personal advice.

Because of the nature of this calculator, we will ask you to input a range of personal information. This personal information is not stored or recorded by NobleOak.

Your privacy is important to NobleOak. Information collected by NobleOak will be subject to NobleOak’s privacy policy. You may request access to your information from NobleOak at any time and can find out what information we hold about you by contacting the NobleOak Privacy Officer via email at:

The results from this calculator is not advice but estimates of the amount of insurance a person may wish to consider based on the information input and the assumptions used in the calculator. Please refer to the Assumptions page in this Report for further details about the assumptions we have used in this calculator. Results are in today’s dollar terms.

You should not rely solely on the estimates as there may well be many other factors which may influence your decision on the amount of insurance cover you require. It is always sensible to consider your objectives, financial situation and needs.

If you have any queries or you require any further information about the calculator, its assumptions and its use please contact NobleOak on 1300 041 494 and let us know you are calling about our insurance calculator. Whilst we cannot provide you with financial advice we can help you with any queries you may have in using our insurance calculator.

NobleOak Life Limited ABN 85 087 648 708 AFS Licence AFSL 247302 Level 2, 89 York Street Sydney NSW 2000