Note:This calculator helps to estimate the amount of life insurance cover that might be needed by a person to provide financially for his dependants in the event of his death. The insurance payout can be used to pay his funeral expenses, any outstanding loans and to maintain the current living standard of his dependants. Do note that the projected figure is only an estimate for death cover. You should talk to your financial advisor for a more comprehensive assessment of your insurance adequacy.Disclaimer:
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In basic Medishield or Integrated Shield Plans, you will find 2 terms: "Deductible" and "Co-Insurance". What do they mean?