The table below shows how long your Life Assurance cover will last, based on different monthly income requirements. You may be reassured to see just how well your family will be provided for, or you may discover you need to review your cover.
| |
100,000 |
200,000 |
300,000 |
400,000 |
500,000 |
1,500 |
6 Yrs |
13 Yrs
4 Mths |
22 Yrs
8 Mths |
35 Yrs
5 Mths |
55 Yrs
9 Mths |
2,000 |
4 Yrs
5 Mths |
9 Yrs
6 Mths |
15 Yrs
6 Mths |
22 Yrs
8 Mths |
31 Yrs
9 Mths |
3,000 |
2 Yrs
10 Mths |
6 Yrs |
9 Yrs
6 Mths |
13 Yrs
4 Mths |
17 Yrs
8 Mths |
4,000 |
2 Yrs
1 Mth |
4 Yrs
5 Mths |
6 Yrs
10 Mths |
9 Yrs
6 Mths |
12 Yrs
4 Mths |
5,000 |
1 Yr
8 Mths |
3 Yrs
6 Mths |
5 Yrs
4 Mths |
7 Yrs
4 Mths |
9 Yrs
6 Mths |
6,000 |
1 Yr
5 Mths |
2 Yrs
10 Mths |
4 Yrs
5 Mths |
6 Yrs |
7 Yrs
9 Mths |
7,000 |
1 Yr
2 Mths |
2 Yrs
5 Mths |
3 Yrs
9 Mths |
5 Yrs
1 Mth |
6 Yrs
6 Mths |
8,000 |
1 Yr |
2 Yrs
1 Mth |
3 Yrs
3 Mths |
4 Yrs
5 Mths |
5 Yrs
7 Mths |
9,000 |
11 Mths |
1 Yr
10 Mths |
2 Yrs
10 Mths |
3 Yrs
11 Mths |
4 Yrs
11 Mths |
10,000 |
10 Mths |
1 Yr
8 Mths |
2 Yrs
7 Mths |
3 Yrs
6 Mths |
4 Yrs
5 Mths |
Source: Caledonian Life Assurance 01/10/2006 * These values assume the life assurance policy payout is invested returning a growth of 6% per annum
and that income requirements will increase in line with inflation of 3% per annum. Assumes first monthly income is taken after one month.
If you would like additional information on life assurance products or advice on whether you have sufficient life cover, please contact either John, Lisa or Annette. |