Blue Chip Super Pty Ltd · AFSL 453296

1300 975 999 · bluechipsuper.com.au

Insurance Needs Analyser

Estimate how much life, TPD, trauma and income protection cover you might need — and where the gap sits today.

Personal

Date of birth

Household

Single Couple

Dependent children

Age of youngest (dependent)

Income

Your annual income (gross, person insured)

Debts

Mortgage outstanding

Other debts (cards, loans, HELP)

Goals

Years of income replacement for survivors (default 21 − youngest age, 5–25)

Education cost per child

Funeral / final expenses

Existing Cover

Life cover sum insured (all policies incl. in super)

TPD cover sum insured

Trauma cover sum insured

Income protection ($/month)

Super death benefit (balance paid on death)

Liquid assets earmarked (applied to life & TPD)

Income Protection Options

Replacement ratio (%, max 70)

Waiting period

Benefit period

Trauma Cover

Medical / treatment buffer (out-of-pocket)

Recovery period (years off / reduced work)

Debt-reduction buffer (optional lump sum to ease repayments)

Assumptions

Real return rate (for PV)

TPD home / car modifications

TPD care cost ($/year)

TPD years of care (default min 20, 85−age)

Total cover needed (life + TPD + trauma)

—

Income protection is shown separately as a monthly benefit.

Total gap

—

Life cover

Needed—

Existing—

Gap—

TPD cover

Needed—

Existing—

Gap—

Trauma cover

Needed—

Existing—

Gap—

Income protection

Recommended—

Existing—

Gap—

Life cover breakdown

TPD breakdown

Income replacement during disability is provided by Income Protection (below) and is intentionally excluded here to avoid double-counting. TPD covers lump-sum needs — clearing debt, home and vehicle modifications, and ongoing care.

Trauma cover breakdown

Trauma (critical illness) pays a lump sum on diagnosis of a covered condition — giving you capital for treatment, time to recover, and breathing room on repayments, separate from any TPD or income protection claim. As a guide, trauma cover is usually set well below your life and TPD cover and is commonly capped by insurers at around $2,000,000.

Insurance Needs Analyser

Personal

Income

Debts

Goals

Existing Cover

Income Protection Options

Trauma Cover

Assumptions

Life cover breakdown

TPD breakdown

Trauma cover breakdown

Income protection breakdown