Estimate critical illness insurance premiums and how much lump-sum coverage you need for cancer, stroke, and heart attack.
Lump-sum Coverage Needed
$225,000
Income × years to replace
Estimated Annual Premium
$5,625
Roughly 2.5% of coverage
Affordable Monthly Budget
$150
Amount you set aside per month
Advertisement
How to read these numbers
Critical illness coverage replaces income for the years you would likely be away from work during treatment and recovery. The premium estimate assumes a flat 2.5% rate, but your actual cost depends on age, health, and the conditions covered. Compare the estimated premium against your affordable monthly budget to see whether the target coverage level is realistic.
Results are estimates only and should not be considered professional insurance advice. Always consult a licensed insurance advisor before making coverage decisions.