Balance today, 0 if you rent

A year, on top of the partner’s own pay

Often until the youngest child is 18 or 21

Sets the chance a policy pays out

Child Benefit for a child at home

Lump sum, often a multiple of salary

More: debts, funeral, children’s lump sums, cover you have, sex and nationNow: Other debts £8,000 · Funeral £5,000 · Children’s lump sums £20,000 · Cover held £0 · Sex Male · Nation United Kingdom

Loans, cards, car finance

Your own figure

University, a deposit, childcare

Personal policies, not work

Sex (ONS tables)

Example, not your result yet· change a figure to see yours

Life cover still needed

£548,200

Over a 15-year term, a policy on your life pays out in about 3.8% of cases at today’s death rates for your age. The rest of the time it pays nothing.

Mortgage, debts and funeral£193,000
Income: £24,000 × 15 years£360,000
Lump sums for the children£20,000
Total the family would need£573,000
Bereavement Support Payment, higher rate− £9,800
Savings, death in service, cover held− £15,000
Cover still needed£548,200

As a family income benefit instead: about £3,046 a month for 15 years.

Bereavement Support Payment counted for a claim within 3 months: £3,500 then 18 × £350, paid to your partner if your own National Insurance record qualifies. Life expectancy at 38: 42.4 years (ONS 2022-2024). No interest is assumed on the income. Estimate only, not advice.

How this is calculatedState rates 2026/27, read on GOV.UK. No quote form and no insurer prices.

Cover Gap · Independent tool by Radif Partners, not a government service or an insurer · DWP rates 2026/27, worked out in your browser

Contains public sector information licensed under the Open Government Licence v3.0 (ONS national life tables 2022 to 2024, DWP benefit rates). Open Government Licence v3.0