Disability Needs Calculator

Critical Illness Insurance Calculator

If you suffered a critical illness, how could you use your LifeAdvance benefit? Use this table to estimate the benefit amount you might need.

Enter whole numbers in each field that applies to your situtation. Do not enter commas, decimals or spaces.


Personal protection

All Value in $

ActivityEstimated Cost
Pay outstanding mortgage:
Pay outstanding loans:
(e.g. car, credit cards, line of credit):
Preserve retirement savings:
Top-up disability coverage
Replace spouse’s income:
Provide an education fund for children:
Pursue alternative or complementary medical care (not covered by government health plans):
Purchase rehabilitation, home care, homemaking or childcare services:
Modify home or vehicle:
Other:
Total critical illness insurance needed:

Business protection

All Value in $

ActivityEstimated Cost
Pay office expenses (e.g. utilities, rent, salaries, property taxes):
Pay outstanding business loans (e.g. credit cards, line of credit):
Provide short term income continuance:
Hire replacement staff:
Fund a buy/sell agreement:
Modify access to office:
Other:
Total critical illness insurance needed:

  • Insurance Plan Canada Portal., 10-1200 Derry Road East Mississauga Ontario L5T 0B3
  • +1 877 495 2525
  • +1 419 833 8533
  • +1 905 670 5488
  • info@insuranceplancanada.com