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Insurance Coverage Calculator

Finance & Investment

Term life survivor-needs · critical illness income replacement

Quick Answer

Insurance Coverage Calculator: Term life survivor-needs · critical illness income replacement. Insurance Coverage Calculator uses standard finance formulas to compute accurate results instantly.

Insurance Coverage Calculator

CNY
CNY
CNY
Term life coverage2,400,000CNY
Critical illness coverage1,100,000CNY

How it works

  1. 1Term life coverage = 10×income + debt - liquid = 2,400,000
  2. 2Critical illness coverage = 4×income + 300k treatment reserve = 1,100,000
Based on the survivor-needs approach (10x income plus net liabilities) and income-replacement approach for critical illness (3-5 years of income plus treatment reserve). Keep total premium within ~10% of annual income ("double-ten rule"). Estimate only - not a binding recommendation; consult a licensed advisor.

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How to Use

  1. Enter amounts and terms: fill principal, rate and period in the Insurance Coverage Calculator (defaults work for a quick try).
  2. Instant results: key figures and cost breakdown update live as you type.
  3. Compare scenarios: tweak any parameter to compare costs and returns across plans.
  4. Copy key numbers: one-click copy for records or sharing with your advisor.

Key Points

  • Insurance Coverage Calculator is a free online finance tool — open and use, no sign-up.
  • All calculations run locally in your browser; your data never leaves the device.
  • Key capability: Term life survivor-needs · critical illness income replacement.
  • Results come with formulas and reference tables so you can verify every number.

Formula & How It Works

Insurance Coverage Calculator formula

Insurance Coverage Calculator uses standard finance formulas to compute accurate results instantly.

FAQ

How do I use the Insurance Coverage Calculator?
Open the page and fill in the input fields — results update automatically. Term life survivor-needs · critical illness income replacement.
Are the results accurate?
Yes. Standard financial formulas and published rate data are used. For official figures, consult your financial institution.
Is it free? Do I need to sign up?
Completely free. No registration, login or download required.
Can I use the results for financial decisions?
Results are for reference. Consult a licensed financial advisor before major decisions.
Does it work on mobile?
Yes. Fully responsive on phones, tablets and desktops.

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Source & Updates

Based on published rate tables and standard financial formulas. Last updated: 2025-07

Authoritative sources:

Last updated:

Formulas and content on this page are reviewed by the YiJianSuan team. For reference only — official sources prevail.

Maintained and periodically reviewed by the YiJianSuan editorial team — review process in ourEditorial Policy.

Cite this page: YiJianSuan. Insurance Coverage Calculator[EB/OL]. https://www.yijiansuan.com/en/c/finance/insurance-coverage

Results provided by this tool are for reference only and do not constitute professional advice.