Compare essential monthly costs against the benefit a policy would pay to size the shortfall.
How to read the results
Essential costs less the policy benefit and other income gives the monthly gap.
Income protection gap calculator
Compare essential monthly costs against the benefit a policy would pay to size the shortfall.
Built and reviewed by Dovanic, Founder and editor, FreeByteLast reviewed: 2026-08-18
$
$
60%
$
Monthly gap to fill
$440
Benefit the policy pays
$3,360
- Essential costs
- $3,800
- Covered by policy and other income
- $3,360
- Savings needed for a six-month gap
- $2,640
- Gap over two years
- $10,560
Methodology
Essential costs less the policy benefit and other income gives the monthly gap.
- · Benefit may be taxable
- · Waiting periods are not modelled
Estimates only. Nothing here is financial advice. Spotted something wrong? Tell us and it gets fixed.