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Select either the life or disability calculator to get started

Disability Cover
Life Cover
1Step 12Step 23Summary
This is the amount of money you will need to cover your monthly expenses, if you become permanently disabled and can no longer earn an income.

Use our monthly expenses calculator to tally your total monthly expenses into yearly expenses.

We advise you to invest the lump sum from your disability claim, to generate an income for yourself.
    R
    Calculate my monthly expenses
    The cost of living increases every year. Your disability income should increase every year to keep up with inflation.

    We suggest you use the latest inflation statistics.
      Example: If you become disabled at age 30, and you plan to retire at age 60, the answer should be 30 years.

      If you select 30 years, it means that after 30 years your disability income will be depleted.
        We advise you to have enough disability cover to settle any outstanding debt, such as mortgages, personal loans, vehicle finance and credit card repayments.

        We don’t want you to end up being forced to dip into your disability income, or to sell any of your assets to pay off debt.

        You should also plan for temporary disabilities, which could cause you to be away from work for a period of three or six months.
          R
          Calculate my debt
          Total cover needed

          Your total estimated shortfall is
          R 0.00

          Important disclaimer: This calculation is merely an indication and should not be seen as a full financial needs analysis or financial advice. The purpose of this exercise is to create awareness regarding your disability cover needs. This assessment does not take into consideration any temporary income disability solutions. We strongly recommend that you reach out to one of our qualified and experienced Absa Financial advisers.

          Need more help?

          Call us on:
          011 225 1797

          Email us at:
          advicegurus@absa.co.za

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