Family Protection
How Much Cover Do I Need?
Work out how much life insurance, critical illness cover and income protection you need to keep your family secure if the worst happens.
About you
Your income
Your debts
Family expenses
Existing cover
Your protection needs
Life Insurance
A tax-free lump sum if you die
Suggested term: — years (until youngest dependant is 21 or you retire, whichever is sooner)
How we calculated this: Mortgage + other debts + final expenses + (annual expenses × 10) − death-in-service benefit
Critical Illness Cover
A tax-free lump sum if diagnosed with a serious illness
How we calculated this: Mortgage + other debts + 2 years of family expenses (typical recovery and adjustment period)
Note: Critical illness can be added to a life policy at lower combined cost than separate policies.
Income Protection
A monthly income if you can't work due to illness or injury
Suggested deferred period: — (start of benefit, matched to your employer sick pay)
How we calculated this: Around 60% of your gross income (the typical maximum insurers will cover)
💡 Why protection matters
If you couldn't work, Universal Credit pays a maximum of £400.14/month (single, 25+) — and that's only after a mandatory 5-week wait. Statutory Sick Pay is just £116.75/week for up to 28 weeks. Most families need significantly more than this to maintain their lifestyle.
See what state benefits would provide vs your actual outgoings →
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