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Life insurance needs estimator

Life insurance needs calculator

(including penalties and legal commissions and fees)
(including credit cards, personal loans, tuition loans , car loans, etc.)
(including funding for extraordinary medical expenses and a reserve for emergency and unexpected expenses)
(including income taxes, probate fees, lawyers’ commissions and fees, accounting fees, other administrative commissions and fees and funeral costs)

Children's education fund

(Children’s education fund)

Funding for replacement of lost income

(for inflation)
(Provision for income funding)

Totals liabilities

Current assets

(Including bank accounts, mutual funds, certificates of deposit, stocks, bonds and cash)

Total liabilities

Total Assets

Additional life insurance coverage need estimate

The amount shown above is an estimate of the amount of life insurance coverage that you may need IN ADDITION to existing coverage that you have included under. Note: A negative amount (a minus sign in front of the amount) may indicate that you may be adequately covered for those liabilities and contingencies that you have included in the above estimate calculator

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Mitch is a leading insurance brokerage on a mission to make insurance lovable through exceptional experiences. Family-owned since 1948, the brokerage works with more than 70 of Canada’s top insurance companies. An unwavering supporter for consumer and public good, Mitch believes that everyone deserves fair and transparent insurance.

Mitch Insurance Brokers is operated by Mitchell & Whale Insurance Brokers Ltd.

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Latest from our blog

  • Car keys.

    Can you keep your car after it’s been written off by your insurance company?

    April 21, 2025 4 min read
  • Car on the road in Ontario during the Spring.

    Best car insurance companies in Ontario for 2025 

    March 18, 2025 8 min read
  • Cars on a highway.

    How much can I save on car insurance by increasing my deductible?

    February 26, 2025 3 min read

Contact Info

Head Office
Mitch Insurance Brokers

1555 Wentworth St. Unit 200, Whitby
Ontario L1N 9T6

1-800-731-2228
(905) 579-9701
info@mitchinsurance.com
 

Toronto
Mitch Insurance Brokers

296 Richmond St W Suite 212, Toronto, ON M5V 1X2

1-888-401-4697
(289) 593-0275
info@mitchinsurance.com

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