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How much life insurance protection do you need?
Married couple with no children and no elderly parents to support
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Factors to consider
Amount
4
Annual income
S$84,000
Annual expenses
1
S$30,000
Number of years to provide financially for dependants
2
(Wife)
22 years
Total annual expenses over the next 22 years
3
S$136,000
Funds to set aside for medical treatment in the event of critical illness
S$200,000
Estimated level of life insurance protection
S$336,000
Examples refer to estimates only and are purely for illustration purposes.
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