TD Life Insurance Needs Calculator Need Analysis Tool Need Analysis Tool

Welcome to your

Needs Analysis Tool

Protect the ones you love

Welcome to Your Needs Analysis Tool
To begin, please fill out a few details about yourself so that we can better understand your needs

Then hit Start to continue.
Date of birth (DD/MM/YYYY)


Have you smoked or used any substance or product containing nicotine, tobacco or marijuana in the past 12 months?



$
$
$
$
$
Immediate Expenses:
Mortgage
Personal Loans & Other Debts
Education Fund
Emergency Fund
Final Expenses Sub-total of Immediate Expenses:
Providing For Your Family's Future:
Annual Income Required For Survivors
Number of Years You Wish to Provide This Income?
$
Years
Amount Required to Provide
For Your Family's Future:*
$0
Current Value of Assets & Insurance:
Existing Life Insurance
Monetary & Other Assets
Value of Retirement Savings Plans Sub-total of Your Total Assets
$
$
$

Congratulations on taking the next step towards meeting your life insurance needs.

In order to pay off your immediate expenses of $ 0 and to provide an income of $ 0 for 0 years, you will need an additional $ 0 of insurance.

Please select the coverage option that meets your needs below.

Based on the information you have provided you need no additional insurance to pay off your immediate expenses of $ 0 and to provide an income of $ 0 for 0 years.

Please use the tool below to explore various coverage options.

Coverage Required:
$1,200,000
How Much Will This Cost?
$48 per month for Explore other coverage options

Explore other price/coverage alternatives.

Payment

$
a month

Total: $455,000 of coverage
Tips

Tip: To get a quote for your spouse/partner, print this report and start the tool again.

*Assumes 5% rate of return, 2% annual inflation, and depletion of funds by end of period.
*The premiums shown apply to applicants eligible for Standard Non-Smoker or Standard Smoker rates. Certain exclusions may apply. Speak to a licensed life insurance advisor to request the policy documents or to find out more information.

Help me decide...
Personal loans & other debts
Use this mini-calculator to estimate how much would be needed to pay off other debts.
Line of credit:$

Car loans:$
Credit cards:$
Other:$
Total: $0
Help me decide...
Education fund
You can estimate how much would be approximately needed for each child's education assuming an annual cost of $15,000 per child.
Number of children:
Year each child will start their post-secondary education:
Child 1:
Child 2:
Child 3:
Child 4:
Total for all children: $
*Assumes 5% rate of return, 2% annual inflation, and depletion of funds by end of period.
Help me decide...
Emergency fund
You might want to consider establishing an emergency fund to pay for unexpected and short term expense. Typically an amount sufficient to cover 3 to 6 months of expenses is selected.
Approximate monthly expenses:$
Desired monthly income stream: $
Desired numbers of months you want
your emergency fund to last:		 
Total $0
Help me decide...
Number of years you wish to provide this income
It is recommended that you budget enough years until either
your youngest child reaches 18 or your spouse/partner reaches
retirement age 65.
Age of youngest child:  
Age of spouse/partner: 
Number of years left: 0 years
Help me decide...
Existing life insurance
Group insurance from work:$
Group insurance from a membership in any associations or other affinity groups:$
Credit protection insurance:$
Personal insurance: $
Total $0

Congratulations on taking the next step towards meeting your life insurance needs.

In order to pay off your immediate expenses of  and to provide the continuing income of  for  years, you will need an additional  of insurance.

Based on the information you have provided you need no additional insurance to pay off your immediate expenses of  and to provide the continuing income of  for  years.

To apply, call us at: 1-877-397-4182