Welcome and congratulations on making the decision to look into your life insurance needs. Please take time cordell online insurance calculator read the following before continuing on to the next section. This calculator estimates life insurance benefit amounts to help you in deciding the level or protection which is suitable for you. There are many types of life insurance benefits available in the market and no product is identical to another.
The way the calculator works is by estimating amounts based on a combination of factors entered by you and a number of assumptions. The factors to be entered by your include information about your assets, liabilities and income. The assumptions you can and cannot change are identified in the calculator. The factors you can enter and the assumptions selected have both been chosen by us based on a reasonable appraisal of circumstances commonly taken into account when people consider the protection life insurance can provide. The default assumptions are based on a combination of government legislature, regulatory guidance and reputable surveys and studies. This calculator is only intended to be a general illustration of insurance needs based on the assumptions and limitations set out. It is not intended to be relied on for the purposes of making a decision in relation to any specific life insurance product.
We therefore recommend that you consider the relevant Product Disclosure Statement before making any financial decisions. The calculator bases the estimates on the legislative environment current at the date or its preparation. This legislative environment, along with your personal circumstances, can change suddenly and the calculator is unable to predict those changes. It is also subject to a limitation that its estimates only take into account the general features of the life insurance products benefit types we have considered when preparing the calculator. Where you have child dependants and do not provide their expense information in detail, the calculator estimates future expenses using the child support tables sourced from the Australian Government Child Support Agency. The calculator only includes child dependents.
You should also consider the need to support any adult dependants where necessary. If you are not working full time, the calculator will not provide coverage for the replacement value of any unpaid domestic duties. Promoted by IAL Life Pty Limited ABN 15 137 509 936, AR No. 427847 of TAL Direct Pty Limited ABN 39 084 666 017 AFSL 243260. Insurance issued by TAL Life Limited ABN 70 050 109 450 AFSL 237848.
Consider the Combined Product Disclosure Statement and Financial Services Guide available by calling 132 825 before deciding to purchase an insurance product. I have read and understood the disclaimer and assumptions. Insurance Australia Limited ABN 11 000 016 722 AFS Licence No. Estimate the potential cost of rebuilding your home with an online calculator and get help with information about IAG’s home insurance. How can I find out how many square metres my house is? There are several ways to measure the floor area of your property. Frequently Asked Questions — Sidebar’, ‘IAG — Expanded Content’, ‘IAG — Expanded Content’, ‘The building cost of a house can vary depending on the quality of fixtures and fittings.
Does the calculator on the need2know. The building cost of a house can vary depending on the quality of fixtures and fittings. The calculator asks about the standard of finishing and uses typical building costs to provide an estimate, so some allowance is made. Why shouldn’t I select a Sum Insured based on another value indicator like the price I paid for my property or the rateable value? How reliable is the calculator? Ready to estimate what it could cost to rebuild your home?
Depending on how well you know your home, the easy-to-use calculator on this site may take just a few minutes to complete or a little longer if you take more time over some of the questions. The calculator is intended to provide a free, easy-to-use way of estimating the potential cost of rebuilding a home. While reasonable care is taken by the provider, Cordell, to maintain the data it draws on, the estimated rebuilding cost it produces is intended as a guide only. It does not substitute an insurance valuation provided by a registered valuer or any other kind of home valuation provided by a building expert.