{"id":7,"date":"2026-07-28T09:20:00","date_gmt":"2026-07-28T09:20:00","guid":{"rendered":"https:\/\/demos.canvaswp.com\/insurance\/2026\/07\/28\/how-much-life-cover-does-a-family-need\/"},"modified":"2026-07-28T09:20:00","modified_gmt":"2026-07-28T09:20:00","slug":"how-much-life-cover-does-a-family-need","status":"publish","type":"post","link":"https:\/\/demos.canvaswp.com\/insurance\/2026\/07\/28\/how-much-life-cover-does-a-family-need\/","title":{"rendered":"How much life cover does a family actually need?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Every calculator online will tell you to insure ten times your salary. It is a tidy number and it is almost never the right one, because it ignores the two things that actually decide the figure: what you owe, and how long other people will depend on you.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Start with the debt, not the salary<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Add up the mortgage balance, any loans, and the cost of raising each dependent child to the point they leave education. That total is the floor. Anything a partner already has in savings or a workplace death-in-service benefit comes off the top.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n\n<li>Outstanding mortgage and secured loans<\/li>\n\n\n<li>Unsecured debt you would not want inherited<\/li>\n\n\n<li>Years of household income still needed<\/li>\n\n\n<li>Education and childcare to the end of school<\/li>\n\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Then decide how long<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A term policy that ends when the youngest child turns twenty-two costs a fraction of whole-of-life cover, and for most families that is exactly the window that matters. Buy the term you need rather than the term a calculator suggests.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The honest answer is not a multiple of your salary. It is the size of the gap your income currently fills.<\/p>\n","protected":false},"author":25,"featured_media":53,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[4,5,6],"class_list":["post-7","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-life-cover","tag-family","tag-life-insurance","tag-planning"],"_links":{"self":[{"href":"https:\/\/demos.canvaswp.com\/insurance\/wp-json\/wp\/v2\/posts\/7","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/demos.canvaswp.com\/insurance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demos.canvaswp.com\/insurance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demos.canvaswp.com\/insurance\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/demos.canvaswp.com\/insurance\/wp-json\/wp\/v2\/comments?post=7"}],"version-history":[{"count":0,"href":"https:\/\/demos.canvaswp.com\/insurance\/wp-json\/wp\/v2\/posts\/7\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demos.canvaswp.com\/insurance\/wp-json\/wp\/v2\/media\/53"}],"wp:attachment":[{"href":"https:\/\/demos.canvaswp.com\/insurance\/wp-json\/wp\/v2\/media?parent=7"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demos.canvaswp.com\/insurance\/wp-json\/wp\/v2\/categories?post=7"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demos.canvaswp.com\/insurance\/wp-json\/wp\/v2\/tags?post=7"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}