Get a personalized life insurance assessment in minutes
What is your annual income before tax?
The benefit from a life insurance policy can be used to replace your income and ensure that your loved ones maintain a comfortable standard of living. We will consider your estimated after‑tax income when recommending an insurance amount.
How many children do you have?
How old are they?
There are many significant costs to consider for the ongoing care of your children, including living expenses, food and clothing, after‑school programs, and post‑secondary education. Life insurance can help ensure that your children's future plans become a reality.
Do you want to set aside funds to cover your children's education costs?
The average cost of a post‑secondary education is $15,000 per year per child. Some of the things you should consider are: food, clothing, health care and recreation/school supplies.
How old are you?
We use this information to provide better advice and to determine if you are eligible for coverage under our life insurance plans. Keep in mind that your life insurance needs and premiums will vary depending on your age and stage in life. In general, buying insurance when you are younger and healthier means your premium will be lower.
Do you have any other outstanding debts?
Life insurance can protect your loved ones from having to pay for your outstanding debts. Some debts to consider are auto loans, credit card debts, and personal, home, or education loans.
Do you have any existing life insurance?
Most employer plans provide 1 to 2 times income as part of employee benefit plans, but having your own policy means that the coverage stays with you even if you change employers. If you have other coverage, including mortgage insurance, you may require less coverage.
Please select all of the following that apply to you and your household:
When deciding on coverage, it's important to consider your loved ones' financial needs. Keep in mind that as your life situation changes, so does their need for insurance.
Would you like to set aside funds for a charitable donation?
How much would you like to leave behind?
The proceeds from a life insurance policy can be used to fund a charitable donation and may reduce any final estate taxes.
Do you own or rent your home?
What is the amount remaining on your mortgage?
How much is your rent per month?
Life insurance is a means of preserving your loved ones' way of life. Your home is a huge part of that, and worth protecting.
An outstanding mortgage is a huge risk to their financial stability, one worth protecting against. For example, if your original mortgage was $500,000 and $200,000 was already paid off, they would still owe $300,000 – without your income to help pay it down.
We recommend that you set aside funds to cover your rent for 1 to 3 years, to keep them from having to move.
How old is your spouse/partner?
We will consider your spouse/partner's age as well as yours when recommending your coverage amount.
Is your spouse/partner employed?
Your spouse/partner's current annual income before tax:
We will use your spouse/partner's income to estimate how much money you should set aside to provide a replacement income, if any.
You have now taken the first step towards meeting your life insurance needs.
- Limited Coverage
- Recommended Coverage
- Enhanced Coverage
If you want to set aside less, consider $X to pay off any outstanding debts and set aside funds as follows:
At this level of coverage, your insurance needs are already met.
Based on the information provided, you could choose not to apply for additional coverage at this time – but we recommend that you review your insurance needs with a licensed advisor. Call us at 1‑877‑397‑4182, Monday to Friday, 8:00 to 8:00 EST, or get a quick quote online.
- $X to pay off outstanding debts
- $X to provide a replacement income
- $X to establish an education fund
- $X for additional needs
- Additional considerations: You told us that you have $XX of coverage already. We have subtracted that from the total need.
Note: Existing TD Insurance customers can use promo code RFLIA01 to get a valued customer preferred rate.
We recommend $X of insurance coverage to protect your loved ones' standard of living.
At this level of coverage, your insurance needs are already met.
Based on the information provided, you could choose not to apply for additional coverage at this time – but we recommend that you review your insurance needs with a licensed advisor. Call us at 1‑877‑397‑4182, Monday to Friday, 8:00 to 8:00 EST, or get a quick quote online.
- $X to pay off outstanding debts
- $X to provide a replacement income
- $X to establish an education fund
- $X for additional needs
- Additional considerations: You told us that you have $XX of coverage already. We have subtracted that from the total need.
Note: Existing TD Insurance customers can use promo code RFLIA01 to get a valued customer preferred rate.
$X of coverage will ensure that your loved ones' needs are more than met.
At this level of coverage, your insurance needs are already met.
Based on the information provided, you could choose not to apply for additional coverage at this time – but we recommend that you review your insurance needs with a licensed advisor. Call us at 1‑877‑397‑4182, Monday to Friday, 8:00 to 8:00 EST, or get a quick quote online.
- $X to pay off outstanding debts
- $X to provide a replacement income
- $X to establish an education fund
- $X for additional needs
- Additional considerations: You told us that you have $XX of coverage already. We have subtracted that from the total need.
Note: Existing TD Insurance customers can use promo code RFLIA01 to get a valued customer preferred rate.
Coverage option details
Paying off debts
Because you have debts that may need to be settled in the event of your death, we recommend coverage to pay off outstanding balances. Paying off your mortgage and other debts will ensure that your loved ones won't have to cover them.
Recommended Coverage:
Providing a replacement income
Providing a replacement income for your loved ones can protect them from the financial effects of the unexpected loss of your income. However, if you have coverage for your outstanding debts, it would not be necessary to replace 100% of your after tax income.
Recommended Coverage:
Establishing an education fund
Because you want to save for your child(ren)'s education, we have recommended a coverage amount that will provide an education fund for them in the event of your untimely death.
Recommended Coverage:
Covering other expenses
There are costs to plan for before you pass away. Funerals and estate taxes can cost more than you think – setting aside money for them now can make the difficult business of your death easier for your loved ones.
Recommended Coverage:
Additional considerations
Children with a disability require extra consideration. Will they have any assistance they require that you currently, personally give them? Will they be able to provide their own income as adults?
Parents requiring care should be factored into your coverage. The money you provide for their care will have to be replaced, as will the time you spend on them – running errands, or driving them to and from appointments, for example.
Call us at 1‑877‑397‑4182 Monday to Friday from 8 to 8 ET to speak to one of our advisors.
You told us that you currently have $XX of existing life insurance coverage, and we have taken that into account in the options presented above.
Keep in mind group coverage may terminate at the end of employment. If you became unemployed, you could lose what group coverage you have, leaving you less protected than you'd planned.
Get a quick quote to see just how affordable $___ of life insurance can be.
or call
1‑877‑397‑4182Now that you know your coverage amount of $XX, start your quote today!
or call
1‑877‑397‑4182Coverage: $XX
or call 1‑877‑397‑4182
- $X to pay off outstanding debts
- $X to provide a replacement income
- $X to establish an education fund
- $X for additional needs
- Additional considerations: You told us that you have $XX of coverage already. We have subtracted that from the total need.
- $X to pay off outstanding debts
- $X to provide a replacement income
- $X to establish an education fund
- $X for additional needs
- Additional considerations: You told us that you have $XX of coverage already. We have subtracted that from the total need.
- $X to pay off outstanding debts
- $X to provide a replacement income
- $X to establish an education fund
- $X for additional needs
- Additional considerations: You told us that you have $XX of coverage already. We have subtracted that from the total need.
Because you have debts that may need to be settled in the event of your death, we recommend coverage to pay off outstanding balances. Paying off your mortgage and other debts will ensure that your loved ones won't have to cover them.
Recommended Coverage:
Providing a replacement income for your loved ones can protect them from the financial effects of the unexpected loss of your income. However, if you have coverage for your outstanding debts, it would not be necessary to replace 100% of your after tax income.
Recommended Coverage:
Because you want to save for your child(ren)'s education, we have recommended a coverage amount that will provide an education fund for them in the event of your untimely death.
Recommended Coverage:
There are costs to plan for before you pass away. Funerals and estate taxes can cost more than you think – setting aside money for them now can make the difficult business of your death easier for your loved ones.
Recommended Coverage:
Children with a disability require extra consideration. Will they have any assistance they require that you currently, personally give them? Will they be able to provide their own income as adults?
Parents requiring care should be factored into your coverage. The money you provide for their care will have to be replaced, as will the time you spend on them – running errands, or driving them to and from appointments, for example.
Call us at 1‑877‑397‑4182 Monday to Friday from 8 to 8 ET to speak to one of our advisors.
You told us that you currently have $XX of existing life insurance coverage, and we have taken that into account in the options presented above.
Keep in mind group coverage may terminate at the end of employment. If you became unemployed, you could lose what group coverage you have, leaving you less protected than you'd planned.
- $X to pay off outstanding debts
- $X to provide a replacement income
- $X to establish an education fund
- $X for additional needs
- Additional considerations: You told us that you have $XX of coverage already. We have subtracted that from the total need.
- $X to pay off outstanding debts
- $X to provide a replacement income
- $X to establish an education fund
- $X for additional needs
- Additional considerations: You told us that you have $XX of coverage already. We have subtracted that from the total need.
- $X to pay off outstanding debts
- $X to provide a replacement income
- $X to establish an education fund
- $X for additional needs
- Additional considerations: You told us that you have $XX of coverage already. We have subtracted that from the total need.
Limited Coverage
|
Recommended Coverage
|
Enhanced Coverage
|
|
| Total insurance coverage | $XX | $XX | $XX |
| Paying off debts | $XX | $XX | $XX |
| Providing a replacement income | $XX | $XX | $XX |
| Establishing an education fund | $XX | $XX | $XX |
| Covering other expenses | $XX | $XX | $XX |
| Existing life insurance | $XX | $XX | $XX |